In December 2014, American Industrial Acquisition Corporation (“AIAC”) sold the United Flexible group of companies (“United Flexible” or “the Company”) to Arlington Capital Partners, a Washington DC-based private equity firm.
Duff & Phelps provided corporate finance advice to AIAC on the sale of the United Flexible group of companies: US Hose Corporation (United States), Amnitec Limited (United Kingdom), Amnitec BV (the Netherlands) and Habia Teknofluor AB (Sweden).
About United Flexible and its Subsidiaries
With a leading product range spanning high pressure hose assembly systems in metal, composite and fluoroplastics, United Flexible is a key strategic partner to blue chip manufacturers and distributors in diverse end-markets which include aerospace & defence, oil & gas, chemical, power generation, refrigeration, satellite, semiconductors and transportation. The Company has over 330 employees with manufacturing operations in the United States, the United Kingdom, the Netherlands and Sweden.
About American Industrial Acquisition Corporation
AIAC is a growing, privately-held industrial group headquartered in the US with a focus on special situations involving operational change to deliver superior returns. AIAC’s businesses have an aggregate revenue of $1.5bn and are located globally across 61 manufacturing sites in 15 countries.