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CERTINA is acquiring Pibiviesse, the long-cycle upstream oil and gas engineered valve business of CIRCOR International, based in Milan, Italy. The business will be separated from CIRCOR and operated independently within the CERTINA Flow Control division.
“CIRCOR International, Inc. has disposed of its long-cycle upstream oil & gas engineered valve business, Pibiviesse S.p.A., to P&P Flow Control, an affiliate of Certina Holding AG.”ec-ma.com
Summarized from public sources; check the original articles before acting on it.