# Parlym Group's ACI-Somagep acquires Colves China and Colves Italy

ACI-Somagep, part of Parlym Group, acquired Jiangsu Colves Fluid Control, an industrial valve maker in Nantong, China, and its Italian distributor Colves Fluid Control to secure valve manufacturing quality.

- Type: Acquisition
- Announced: 2023-12-04
- Where: Nantong, China
- Status: completed
- Products: industrial valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Aci-Somagep](https://endata.com/companies/11019.md) (acquirer)
- [Parlym Group](https://endata.com/companies/11020.md) (investor)
- [Colves Fluid Control](https://endata.com/companies/11021.md) (target)
- [Jiangsu Colves Fluid Control](https://endata.com/companies/11273.md) (target)

## Sources

- [valve-world.net](https://valve-world.net/parlym-group-acquires-colves-china-and-colves-italy/), 2023-12-04: "ACI-Somagep, part of Parlym Group and distributor of industrial valves in Europe and Africa, has acquired Jiangsu Colves Fluid Control"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.