# Flowserve obtains full ownership of Maraimalai Nagar valve plant in Chennai, India

Flowserve completed transactions giving it full ownership of the Maraimalai Nagar manufacturing facility in Chennai, India, formerly a joint venture with Larsen & Toubro. The plant makes Serck AUDCO and VOGT valve products.

- Type: Acquisition
- Announced: 2020-04-09
- Where: Chennai, India
- Status: completed
- Products: plug valves, butterfly valves, gate, globe and check valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Larsen & Toubro](https://endata.com/companies/263.md) (partner)
- [Flowserve](https://endata.com/companies/911.md) (acquirer)

## Sources

- [manufacturing-journal.net](https://www.manufacturing-journal.net/press-release/2310-flowserve-strengthens-position-in-india-by-obtaining-full-ownership-of-the-joint-ventures-maraimalai-nagar-manufacturing-facility), 2020-04-09: "Flowserve obtains full ownership of the joint venture's Maraimalai Nagar (MMNagar) manufacturing facility in Chennai, India, and retains the key Serck AUDCO brand lubricated valve products and technology."

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