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Industrial technology company EnPro Industries, Inc. (NPO) announced Friday the sale of its polymer components business to private investment firm Edgewater Capital Partners. Financial terms were not disclosed.


RTTNews | Sep 3, 2021 06:47AM EDT

06:47 Friday, September 3, 2021 (RTTNews.com) - Industrial technology company EnPro Industries, Inc. (NPO) announced Friday the sale of its polymer components business to private investment firm Edgewater Capital Partners. Financial terms were not disclosed.

The polymer components business is headquartered in Houston, Texas, with two production facilities in Texas and a smaller site in Pennsylvania. Under Edgewater ownership, the organization will be renamed Altamira Material Solutions.

The polymer components business unit was part of Enpro's Sealing Technologies segment. Revenue in the first half of 2021 was approximately $20 million.

Read the original article on RTTNews ( https://www.rttnews.com/3223178/enpro-divests-polymer-components-business-as-part-of-portfolio-reshaping-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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