Harbour Group has acquired BASE Engineering, Inc., Jeff Fox, Harbour Group’s chairman and chief executive, announced. Terms of the transaction were not disclosed.
Since its founding in 1996, BASE has designed and manufactured remote, automated emergency shutdown and operational controls for the liquefied petroleum gas (LPG) and refined fuels industries. BASE was founded by Steve Belyea, its CEO, and is based in St. John, New Brunswick, Canada. Belyea will continue in his current role as BASE CEO and president. The company sells its products in North America, Europe and Australia.
BASE will combine forces with Marshall Excelsior Co. (MEC), another Harbour company.
“BASE’s product line fits extremely well with MEC’s product offerings,” Fox said in a Sept. 20 statement announcing the acquisition. “Steve’s continued leadership and direction will be integral as we bring the companies together in the marketplace and build a bigger, stronger business.”
MEC is a designer, manufacturer and supplier of flow control products used in the transportation, storage, and consumption of liquefied petroleum gas (LPG) and liquefied anhydrous ammonia (NH3). Over the past 40 years, MEC has provided fittings, adapters, valves, regulators, pigtails, gauges and accessories to its customers. MEC’s products support various LPG and NH3 applications including bulk storage, transport, commercial, domestic and recreational vehicles. The company is headquartered in Marshall, Mich.
Harbour Group is a privately owned company based in St. Louis, Mo. Harbour Group’s companies are engaged in manufacturing and distribution across diverse industries including LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, logistics services, abrasives, diamond-cutting products and related tools, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 195 companies in 41 different industries.
Correction: An earlier version of this article reported that BASE Engineering had been acquired by Marshall Excelsior Co. The article was corrected on Sept. 25, 2017, to show that BASE Engineering was acquired by Harbour Group.