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EnPro Industries Acquires Compressor Products and Services Companies

Posted on: Tuesday, 2 December 2008, 15:15 CST

CHARLOTTE, N.C., Dec. 2 /PRNewswire-FirstCall/ -- EnPro Industries (NYSE: NPO) today announced that it has recently completed three acquisitions for its Compressor Products International (CPI) business. The acquired businesses are Horizon Compressor Services Inc., located in Houston, Texas; RAM Air, Inc. located in New Smyrna Beach, Florida; and C&P Services (Northern) Limited, located in Warrington, UK. The acquired businesses provide components and aftermarket services for reciprocating compressors to customers in the petroleum, natural gas, PET bottle molding and chemical processing industries in the United States and England. The transactions were completed for cash. Terms were not disclosed.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050825/CLTH030LOGO )

"We are quite pleased to announce the completion of these acquisitions in support of the continued growth of Compressor Products International," said Steve Macadam, president and chief executive officer of EnPro. "Acquisitions completed over the past 30 months have greatly increased the products, services and geographic reach of CPI, while giving the acquired businesses access to greater resources and new market channels. We are very enthusiastic about this strategy, which we believe offers significant opportunities to EnPro as we seek to expand our product lines and enter new markets."

EnPro Industries, Inc. is a leader in sealing products, metal polymer and filament wound bearings, compressor systems and components, diesel and dual-fuel engines and other engineered products for use in critical applications by industries worldwide. For more information about EnPro, visit the company's website at http://www.enproindustries.com .

SOURCE EnPro Industries, Inc.

Source: PR Newswire

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