Shaw Development LLC announces that it has completed an asset purchase agreement for the products manufactured and distributed by Dixon Pumps Inc. Company officials have met with the Dixon marketing, engineering and operations teams to outline Shaw’s vision and strategy for the newly acquired group that will build upon the existing strengths of the technology they developed. Dixon has developed advantaged pump and tank cleaning technology used in a variety of industrial, oil and gas, aviation, water and other fluid handling and fluid management solutions.
Shaw Development officials expect this merger to immediately benefit the customer base through Shaw’s broad reach, financial and operational strengths and core competency in bringing new, industry-leading product to market. The stakeholders of the organization see this as an opportunity to acquire a synergistic product line and expand their growth beyond the aerospace and heavy-duty ground vehicle markets. Kevin Hawkesworth, President/CEO of Shaw Development says, “Dixon has developed market leading intellectual property and built an enviable brand for technical superiority in the market. 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 with immediate access to a fully developed business system and resources required to grow organically. Randy Dixon, President of Dixon Pumps is quoted as saying, “This is an excellent opportunity for Dixon to grow and for the unique technology that we have developed to enjoy broader market success. We are excited to see the market have full access to the operating efficiency and run-dry solutions Dixon’s products offer.”
Join the company at MINExpo International in Las Vegas, September 26-28, South Hall 24923; and the PEI Convention at the NACS Show in Atlanta, October 18– 21, Booth 4961 to celebrate Dixon joining the Shaw Development team.