May River Capital has sold the pharma valve assets of MBF Stainless Valves (Montreal Bronze) to Richards Industrials, a portfolio company of Astor Place Holdings. This will expand Steriflow’s offerings, a division of Richards Industrials, with the sanitary diaphragm product line from MBF.

EC M&A acted as exclusive financial advisor to May River on this transaction.

All Industrial Technologies, Bioprocessing, Corporate divestiture, North America, Pharmaceutical Production, Pumps, Valves & Flow control, Sellside