# Plexus and BEL Valves form Plexus Pressure Control joint venture in Aberdeen

Plexus Holdings formed a majority-owned joint venture, Plexus Pressure Control, with BEL Valves, a subsidiary of British Engines Group, to supply xmas trees and wellhead annulus outlet valves. The unit will operate from Plexus's Dyce facility in Aberdeen.

- Type: Acquisition
- Announced: 2019-06-03
- Where: Dyce, Aberdeen, United Kingdom
- Status: completed
- Products: xmas trees, wellhead annulus outlet valves, POS-GRIP wellhead systems
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Plexus Holdings](https://endata.com/companies/5096.md)
- [Plexus Holdings](https://endata.com/companies/5096.md) (partner)
- [BEL Valves](https://endata.com/companies/5097.md) (partner)
- [Plexus Ocean Systems](https://endata.com/companies/5101.md) (partner)

## Sources

- [proactiveinvestors.com](https://www.proactiveinvestors.com/companies/news/221359/plexus-forms-new-xmas-tree-and-valves-joint-venture-221359.html), 2019-06-03: "The new PPC unit will operate out of Aberdeen."
- [belvalves.com](https://www.belvalves.com/knowledge-centre/bel-valves-and-plexus-ocean-systems-limited-announce-joint-venture/), 2019-06-03: "BEL Valves has entered a joint venture with Plexus Ocean Systems Limited (POSL), a subsidiary of Plexus Holdings PLC (Plexus), to provide high integrity valves for the supply of full-package surface xmas trees and wellhead products for the oil and gas industry."
- [plexusplc.com](https://www.plexusplc.com/plexus-teams-up-with-valve-maker-for-dyce-based-venture/), 2019-07-11: "Plexus owns 51% of the joint venture, called Plexus Pressure Control (PPC), and BEL has 49%."

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