Blackwell Capital Group acquires Advance Fittings
Milwaukee-based Blackwell Capital Group LLC has acquired Advance Fittings Corp., an Elkhorn, Wis.-based manufacturer of stainless steel butt-weld fittings and custom fabrications used in the biopharmaceutical industry.
Edward Mentzer, Advance Fittings founder and president, will retire. COO Pete Mentzer will remain in management and as a company shareholder. Dean Perona, vice president of operations, also will remain in his position and as a shareholder.
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