# Clearbridge Health to acquire PT Alfa Valves Indonesia for S$2.76M

Clearbridge Health Limited has agreed to acquire 99.996% of PT Alfa Valves Indonesia from Pan Asian Global Pte. Ltd. for S$2.76 million, to be paid in cash and shares. The company plans to diversify into valves and pipes and rename to Duvalco Holdings Limited, subject to shareholder approval.

- Type: Acquisition
- Announced: 2026-11-03
- Where: Indonesia
- Value: $2.00M (2.76M SGD)
- Status: announced
- Products: valves, pipes
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Clearbridge Health](https://endata.com/companies/15541.md) (acquirer)
- [PT Alfa Valves Indonesia](https://endata.com/companies/15542.md) (target)
- [Pan Asian Global](https://endata.com/companies/15543.md) (partner)

## Sources

- [minichart.com.sg](https://www.minichart.com.sg/2026/11/04/clearbridge-to-buy-pt-alfa-valves-for-s2-76m-diversify-and-rename-duvalco-holdings/), 2026-11-04: "Clearbridge Health Limited has entered into a conditional sale and purchase agreement dated 3 November 2026 to acquire 99.996% of PT Alfa Valves Indonesia for an aggregate consideration of S$2,760,000"

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