# Flowserve completes acquisition of MOGAS Industries for about $305 million

Flowserve has completed its acquisition of MOGAS Industries, adding severe service valves and aftermarket services to its Flow Control Division. The purchase price was approximately $305 million including the potential earnout.

- Type: Acquisition
- Announced: 2024-10-15
- Where: United States
- Value: $305.0M
- Status: completed
- Products: severe service valves, valve aftermarket services
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Flowserve](https://endata.com/companies/911.md) (acquirer)
- [MOGAS Industries](https://endata.com/companies/1854.md) (target)

## Sources

- [ir.flowserve.com](https://ir.flowserve.com/news-events/news-details/2024/Flowserve-Completes-Acquisition-of-MOGAS-Industries/default.aspx), 2024-10-15: "Flowserve used cash to fund the transaction's purchase price of approximately $305 million including the potential earnout."
- [hartenergy.com](https://www.hartenergy.com/exclusives/flowserve-closes-305mm-acquisition-mogas-industries-210793/), 2024-10-16: "Expand Flowserve said its acquisition of MOGAS Industries helps strengthen Flowserve's presence in mission-critical severe service valves"

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