# Weir sells Flow Control division to First Reserve

Weir agreed to sell its Flow Control division to private equity firm First Reserve for an enterprise value of GBP 275 million in Q1 2019.

- Type: Acquisition
- Announced: 2019-01-01
- Value: $355.0M (275.0M GBP)
- Status: announced
- Products: flow control equipment
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Weir Group](https://endata.com/companies/797.md) (partner)
- [First Reserve Corporation](https://endata.com/companies/2789.md) (acquirer)

## Sources

- [worldpumps.com](https://www.worldpumps.com/content/news/pumps-mergers-acquisitions-review-q1-2019), 2019-05-28: "Weir agreed to sell its Flow Control division to private equity investment firm First Reserve for an enterprise value of £275 million."
- [industrysourcing.cn](https://www.industrysourcing.cn/article/373084), 2020-03-15: "伟尔集团将把其服务于电力、下游油气市场的流体控制业务出售给私人股权企业First Reserve，交易金额为3.58亿美元。"

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