CUDAHY, Wis. - Vilter Manufacturing Corp. has announced the purchase of the company by the private equity firm of J. P. Kotts & Company. According to the companies, the transaction is designed to enable Vilter to build on its existing growth in the refrigeration and process industries.
The combination will allow Vilter to pursue business opportunities, accelerate the development of new products, and make strategic acquisitions as they arise, say the companies. In addition, with the experience of J. P. Kotts & Company, especially in the oil and gas industry, a major new marketplace will be opened to Vilter to use its compression technology outside of its traditional industrial refrigeration market.