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Flowserve has signed a deal to sell its PMV valve positioner and switchbox product line, the Solna, Sweden engineering centre and associated Automax, Worcester and Accord assets to Houston-based Amberjack Capital Partners. The deal is expected to close in Q3 and 18 employees will transfer.
“We have signed a deal to divest our PMV valve positioners and switch box product line, the engineering center in Solna, Sweden, and all other associated assets.”pmv.nu
Summarized from public sources; check the original articles before acting on it.