# 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.

- Type: Acquisition
- Announced: 2016-11-08
- Where: Formigine, Modena, Italy
- Jobs: 36
- Status: completed
- Products: monolithic isolation joints for pipelines, flow control equipment
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Valvitalia](https://endata.com/companies/276.md) (acquirer)
- [Nuova Giungas](https://endata.com/companies/277.md) (target)

## Sources

- [valvitalia.com](https://www.valvitalia.com/en/news-e-media/press/valvitalia-acquires-100-of-nuova-giungas.html), 2016-11-09: "Valvitalia has signed yesterday the contract for the acquisition of 100% of Nuova Giungas, manufacturer of monolithic isolation joints intended for pipelines."
- [industriaitaliana.it](https://www.industriaitaliana.it/non-si-ferma-lo-shopping-di-valvitalia/), 2016-11-10: "Valvitalia ha firmato il contratto per l'acquisizione del 100%, della Nuova Giungas Srl azienda produttrice di giunti isolanti per pipeline."

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