Edmonton, Alberta (September 20, 2017)—Master Flo Valve Inc. is pleased to announce that today it acquired Dycor Technologies Inc., another home-grown Alberta company that has been in operation for 35 years. Dycor expands Master Flo’s actuation and control offering to include data acquisition, low-power data transmittal from remote areas, and supervisory control solutions and expertise.
Master Flo customers will now be able to partner with a single company to reduce costs and achieve operational efficiencies through comprehensive flow management solutions and process control and data acquisition systems. Dycor’s customers will benefit from access to Master Flo’s world-class engineering, research and development, and manufacturing expertise, along with Master Flo’s global network of sales, service and distribution locations. This includes the full resources of the Stream-Flo Group of Companies, of which Master Flo is a member along with Stream-Flo Industries Ltd. (www.streamflo.com).
“This strategic acquisition is a natural evolution of Master Flo’s commitment to provide increasing value to our customers,” said Mark McNeill, President of Master Flo. “In addition to our leading flow management products and solutions, our customers will benefit from Dycor’s proven expertise in control and data acquisition systems for the oil and gas industry. All of us are proud to welcome Dycor’s employees and customers to Master Flo.”
“Master Flo is a recognized leader in the global oil and gas industry that is known for delivering excellent customer experiences and innovative flow solutions,” said Edgar Semler, President of Dycor. “The value of Dycor solutions will be enhanced now and in the future by Master Flo’s breadth and depth of products, technology, and expertise, its ongoing investments in research and development, and Master Flo’s approach to building long-term partnerships with customers.”
Dycor, founded in 1981, will continue to operate and serve customers out of its Edmonton location. For more information, go to www.dycor.com.
About Master Flo Valve Inc.
Established in 1979, Master Flo Valve Inc. partners with customers to design and manufacture surface and subsea choke valves, control valves, actuation and complete flow management solutions that lower costs and optimize production over the life of their field. Master Flo’s head office and world-class manufacturing facility in Edmonton, Alberta, Canada is complemented by manufacturing, engineering, sales and service capabilities at its U.S. head office in Houston, Texas, and its U.K. head office in Aberdeen, Scotland. Global sales, service and distribution are delivered from facilities in Abu Dhabi and Dubai, United Arab Emirates; Beijing, China; Calgary, Canada; Jakarta, Indonesia; Kuala Lumpur, Malaysia; Pau, France; and Rio de Janeiro, Brazil. A privately-owned Canadian company, Master Flo is part of the Stream-Flo Group of Companies. www.masterflo.com
For more information, contact:
Ken Schmaltz, Corporate Marketing Manager