Posted February 13, 2018

Dearing Compressor & Pump acquires Kruman Equipment

Dearing Compressor & Pump Co. announced that it has merged with Pittsburgh-based Kruman Equipment.

The acquisition merges the two oldest Gardner Denver industrial air compressor distributors and allows Dearing to effectively double its industrial air compressor business.

CEO and president, Rick Dearing, announced that the newly merged operations will retain the Kruman name, and Kruman employees will continue in their same roles and operate as a division of Dearing. 

“The cultures of both Dearing and Kruman reflect common values of family owned and operated, multigenerational businesses, making the blending of the two a natural fit and bringing together the best assets of both companies," said Becky Wall, Dearing vice president. "With over 150 combined years of industry experience, both Dearing and Kruman have spent decades delivering a deep working knowledge of the products, parts and processes that ultimately have allowed them to offer their customers the most precise and effective application of systems and components.”

The acquisition positions Dearing for growth in territories from northern Ohio, southern Pennsylvania, West Virginia and Maryland.

Albin Dearing, Dearing COO, calls the acquisition “a bold next step, and part of a comprehensive vision plan that includes continued expansion, increased revenue, ongoing implementation of technology, a balance between our industrial and energy operations, consistency of standardized processes, and contributions to community, all while maintaining the integrity of our family values and a responsibility to create continued opportunities for our employees.”