Shaw Development Acquires Dixon Pumps
By Mike Brezonick16 September 2016
Florida-based Shaw Development, which specializes in the design, development and manufacture of custom fluid management solutions for heavy duty vehicles, has acquired Dixon Pumps, a designer and manufacturer of pumps and pumping solutions, tank cleaning and tank filtration solutions for the oil and gas, aviation, liquefied natural gas (LNG), water and other industries.
Terms were not disclosed.
Company officials said they expect the merger to immediately benefit the customer base through Shaw’s reach, financial and operational strengths and core competency in bringing products to market.
“Dixon has developed market-leading intellectual property and built an enviable brand for technical superiority in the market, said Kevin Hawkesworth, president/CEO of Shaw Development. “Moreover, the Dixon acquisition greatly enhances Shaw’s strategy to find custom engineered niche fluid management synergies between ground vehicle, aerospace and industrial sectors.”
This acquisition will provide Dixon, which is based in Billings, Mont., with immediate access to a fully developed business system and resources required to grow organically said Randy Dixon, president of Dixon Pumps.
“This is an excellent opportunity for Dixon to grow and for the unique technology that we have developed to enjoy broader market success,” Dixon said. “We are excited to see the market have full access to the operating efficiency and run-dry solutions Dixon’s products offer.”