# CERTINA completes acquisition of Pibiviesse from CIRCOR International

CERTINA Holding completed the carve-out acquisition of Italian valve maker Pibiviesse S.r.l. from CIRCOR International for about EUR 20 million including earn-out.

- Type: Acquisition
- Announced: 2020-05-30
- Where: Milan, Italy
- Value: $22.0M (20.0M EUR)
- Status: completed
- Products: manual ball valves, automated ball valves, control ball valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [CIRCOR International](https://endata.com/companies/2122.md) (partner)
- [Pibiviesse](https://endata.com/companies/3700.md) (target)
- [CERTINA](https://endata.com/companies/5373.md) (acquirer)

## Sources

- [industriearmaturen.de](https://industriearmaturen.de/wirtschaft-unternehmen/certina-kauft-pibiviesse/), 2020-05-30: "Der Kaufpreis inklusive Earn-out für den Ventilhersteller aus Italien beläuft sich auf rund 20 Mio. Euro."

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