Celeros Flow Technology (Celeros FT) has entered into a definitive agreement to sell its Filtration business unit to Px3 Partners (Px3).
Under the terms of the agreement, Px3 will purchase the Filtration business, which provides consumable, mission critical industrial filtration systems that allow customers to sustain their industrial processes and protect the environment by increasing efficiency, reducing emissions, and decreasing waste.
Upon completion of the transaction, Celeros FT intends to accelerate the strategic transformation of its market leading flow control solutions through reinvestment in the business, its employees, and the pursuit of strategic acquisitions that complement its core strengths.
