Signum Technology, a leading manufacturer of safety-critical flow control products for the energy sector backed by Phoenix Equity Partners, is pleased to announce the acquisition of VeeBee Filtration (“VeeBee”), a world leader in the design and manufacture of filtration technology for fluid transfer applications.
VeeBee’s products are used in a variety of industrial and commercial applications across numerous markets including LNG, refining, petrochemical and power generation. The business is UK-based and has strong relationships with a broad range of blue chip OEM and EPC customers.
The transaction represents the latest acquisition for Signum Technology as it continues with its strategy to develop a group of world-leading engineering and technology companies.
David Hill, Signum CEO, commented: “Vee Bee is a respected brand with over 45 years of experience in its sector. Vee Bee possesses tremendous potential and is a welcome addition to the Signum Technology Group”