Vermont Business Magazine Flex-A-Seal, Inc, based in Williston, and Houston-based Momentum Engineered Systems, Inc announced Monday a merger to provide a unified mechanical seal and systems approach to the fluid sealing market. The two companies will each commit their assets to the new entity and the combined group will operate under the name Flexaseal Engineered Seals and Systems, LLC. Financial terms were not disclosed.
The new company will maintain operations in Williston, VT, Houston, TX, and Gonzales, LA, with the corporate headquarters in Williston. Employment is broken down as: Williston: 120 people; Louisiana, 6 people; Houston, TX, 23 people; Sao Paulo, Brazil, 55 people.
Hank Slauson, former President of Flex-A-Seal, Inc. now Chairman of Flexaseal Engineered Seals and Systems, LLC said in a statement, “I am proud to announce this merger as the next step in our path to increasing our share of the fluid sealing market. This merged company has the rare combination of strong technology and a customer-centric business ethic. It is a timely opportunity to integrate our unique company culture with another forward-thinking force in the fluid handling market.”
Alex Slauson, former VP Sales of Flex-A-Seal, Inc. now President of Flexaseal Engineered Seals and Systems, LLC commented “Combining our expertise in seals and sealing systems is a win/win for our customers and solidifies our ability to tackle challenges today and in the future.”
Flex-A-Seal founded in 1983, known globally as a leader in the manufacture of welded metal bellows and fully split cartridge mechanical seals, offers engineered solutions for virtually any sealing application. Flex-A-Seal has customers in over 50 countries worldwide.
Momentum Engineered Systems founded in 2013, disrupted the poorly served seal support and lubrication markets through innovative customer service. Momentum Engineered Systems is currently the largest independent seal systems manufacturer in the USA.
Both companies are distinguished by their commitment to “Made in the USA” and their Vermont, Texas, and Louisiana workforces and cultures. The merger now vertically integrates and supplies Flex-A-Seal and Momentum products under one entity, providing a complete sealing package to customers.
Trey Maxwell, former CEO of Momentum Engineered Systems, Inc now CEO of Flexaseal Engineered Seals and Systems, LLC said, “Our customers are looking for a change, our goal is to bring service back. Our American manufacturing and dedicated professionals will be a disruptive force.”
"Our facilities continue to operate business as usual."
More details regarding the merger will be updated on www.flexaseal.com.
Source: WILLISTON, Vt.--(BUSINESS WIRE)--Flex-A-Seal, Inc 10.19.2020