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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
Date of Report (Date of earliest event reported): February 3, 1997
ROBBINS & MYERS, INC.
(Exact name of Registrant as specified in its charter)
Ohio 0-288 31-0424220
(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
1400 Kettering Tower, Dayton, OH 45423
(Address of principal executive offices) (Zip code)
937-222-2610
(Registrant's telephone number including area code)
Not applicable
(Former name and former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On February 3, 1997, Robbins & Myers, Inc., issued the following press release:
ROBBINS & MYERS ACQUIRES FLUOROPOLYMER
AND HIGH SHEAR MIXER BUSINESS
DAYTON, OHIO, February 3, 1997... Robbins & Myers, Inc. announced the
acquisition of Process Supply, Inc. ("PSI"), a manufacturer of fluoropolymer
products and accessories for glass lined equipment, and Spectrum Products, Inc.,
an affiliated sales company of PSI. Both companies are located in Charleston
West Virginia. In addition, The Company has acquired the high shear industrial
mixer business of Greerco Corp., located in Hudson, New Hampshire.
The combined annual sales for these acquired businesses are approximately $12
million.
Daniel W. Duval, President and CEO of Robbins & Myers, Inc., stated, "These
acquisitions complement our focused strategy to respond to the fluids management
needs of our customers and will contribute to our ongoing trend of improving
profitability. The PSI/Spectrum acquisition will strengthen our aftermarket
focus for glass-lined equipment accessories and, more importantly, when coupled
with the Edlon business unit will enhance our position in the corrosion
resistance fluoropolymer markets." Duval continued, "Greerco, a recognized
leader in the design and manufacture of high shear mixers, broadens the
industrial mixing and turbine agitation product line for the Company's Chemineer
business unit. In addition, the acquisition expands Chemineer's market
opportunities in selective process industries market segments."
Robbins & Myers, Inc. is an international manufacturer and marketer of superior
quality fluid management products and systems serving the process industries
including: chemical, pharmaceutical, oil and gas recovery, wastewater treatment,
food and beverage, pulp and paper, and mining. Headquartered in Dayton, Ohio,
the Company has facilities in the United States, Europe, Brazil, Mexico,
Singapore and joint ventures in China, India, and Taiwan.
The Company's shares are traded on the Nasdaq National Market under the symbol
ROBN.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Robbins & Myers, Inc.
Date: By: /s/ George M. Walker
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George M. Walker, Vice President and CFO
