DALLAS -- Peerless Manufacturing Co. today announced that it has completed its previously announced acquisition of privately owned Nitram Energy Inc. for $65 million in cash.
Nitram, headquartered in Orchard Park, New York, is the parent company of Burgess-Manning Inc., Bos-Hatten Inc., and Alco Products. Burgess-Manning manufactures custom-designed gas/liquid and gas/solid separators, pulsation dampeners and silencers. Bos-Hatten manufactures custom-designed shell and tube heat exchangers. Alco Products manufactures custom-designed hairpin- style specialty heat exchangers. These businesses principally serve the oil/natural gas, chemical/petrochemical and power generation industries.
Nitram owns manufacturing facilities in Wichita Falls and Cisco, Texas.
