Valvitalia acquires 100% of Nuova Giungas, maker of pipeline isolation joints

Valvitalia signed a contract to acquire 100% of Nuova Giungas, a Formigine (Modena) manufacturer of monolithic isolation joints for pipelines with 36 employees and about EUR 7 million turnover in 2015. The deal extends Valvitalia's oil and gas product portfolio.

“Valvitalia has signed yesterday the contract for the acquisition of 100% of Nuova Giungas, manufacturer of monolithic isolation joints intended for pipelines.”valvitalia.com

• 2 sources
• valvitalia.comVALVITALIA ACQUIRES 100% OF NUOVA GIUNGAS - ValvitaliaNov 9, 2016
• industriaitaliana.itNon si ferma lo shopping di Valvitalia - Industria ItalianaNov 10, 2016

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