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Simpson Group

Company Summary

Description

Simpson Technologies was founded by the Scottish foundryman Peter L. Simpson in 1912 and is now an over one hundred year old, five generation family business specializing in the design and production of advanced process technologies and services for the global metal casting and chemical process industries. Our primary products include batch and continuous high intensity mixing equipment, molding sand coolers, on-line mixer control & automation systems, core sand preparation systems, foundry sand reclamation systems and sand laboratory instrumentation.

Website

http://www.simpsongroup.com/company/about

Related Entities

Recent news

  • 10/10/2018 - Parkland Fuel to... (subscriber access)

Company Transactions

Date:
Type: Acquisition

BUYERS:
  • Parkland Fuel Corp
    • SELLERS:
  • Simpson Group
  • SOL Investments
    • DETAILS:

    COST: 1.21 $B

    NOTES:
    Parkland Fuel will acquire 75% stake in SOL Investments and its units for $1.21 billion. The transaction would see Parkland having access to 526 retail gas stations while expanding its presence in the U.S. Gulf and Atlantic coasts. Simpson Group, SOL's parent company, will own a 10% stake of Parkland upon the closing of the transaction which also grants Parkland a call option for the purchase of the remaining 25% of SOL.