# Serva Group acquires Permian pump manufacturer ValTek Industries

Serva Group announced the acquisition of ValTek Industries, a Permian-based maker of hydraulic fracturing pumps and pump parts with facilities in Odessa, Texas.

- Type: Acquisition
- Announced: 2020-08-20
- Where: Odessa, Texas, United States
- Status: completed
- Products: hydraulic fracturing pumps, fluid ends, power ends, valves and seats
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Serva Group](https://endata.com/companies/6919.md) (acquirer)
- [ValTek Industries](https://endata.com/companies/6920.md) (target)

## Sources

- [worldoil.com](https://www.worldoil.com/news/2020/8/20/serva-group-acquires-permian-manufacturer-valtek-industries), 2020-08-20: "Serva Group announced the acquisition of ValTek Industries, a Permian-based manufacturer of hydraulic fracturing pumps and pump parts."
- [gulfoilandgas.com](https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=903223), 2020-08-20: "Serva Group announces the acquisition of ValTek Industries ("ValTek"), a Permian-based manufacturer of hydraulic fracturing pumps and pump parts."
- [cbinsights.com](https://www.cbinsights.com/company/valtek-industries), 2020-08-20: "On August 20, 2020, ValTek was acquired by Serva Group. Terms of the transaction were not disclosed."
- [prnewswire.com](https://www.prnewswire.com/news-releases/serva-group-expands-well-service-pump-product-and-service-offering-with-the-acquisition-of-valtek-industries-301115969.html), 2020-08-20: "Serva Group ("Serva") announces today the acquisition of ValTek Industries ("ValTek"), a Permian-based manufacturer of hydraulic fracturing pumps and pump parts."

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