May River Capital Acquires Hunt Valve in Salem

SALEM, Ohio – A Chicago investment firm has acquired a longtime manufacturer here and plans to expand its business, officers say. Hunt Valve Inc., which has operated here nearly 100 years, was acquired by May River Capital in mid-November, the company announced Monday. Terms were not disclosed. Brad Sterner, the new president and CEO of Hunt Valve, said that the company’s history of supplying “severe-duty” valves to the metals industry and clients such as the U.S. Navy provides a f

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