Abrasive Products and Equipment Closes Fourth Acquisition
The Partners of ShoreView Industries are pleased to announce that Abrasive Products and Equipment, LLC (“APE”), a ShoreView portfolio company, has acquired the assets of two business lines (WaterJet and Soluble) from Universal Minerals, Inc. This represents APE’s fourth acquisition in the past two years.
Located in Houston, TX, the acquisition expands APE’s core abrasive business and provides market entry into the WaterJet cutting market. The WaterJet business primarily consists of abrasive and equipment solutions used to cut hard materials such as tile, stone, glass, and steel. The Soluble business mainly includes abrasive blasting solutions used for blast cleaning and coat removal.
ShoreView assisted APE in the transaction.