US group takes over Stockport gasket maker

Crain’s Manchester Business staff report

Yorkshire, UK – A Yorkshire-based arm of US quoted group EnPro Industries Inc. (NYSE: NPO) has acquired PTM (UK) Ltd, a Stockport-based rubber moulding and gasket fabrication company.

Garlock (Great Britain) Ltd of Elland, near Leeds, said the deal would strengthen its position in the market. Garlock’s product line includes gaskets, compression packing, oil seals, bearing isolators, expansion joints, mechanical seals, hydraulic seals, and custom-moulded rubber components.

It is the company’s second deal in just over two months,…

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