Pumps and Valvesworld trade 2024+3.2% 5Y CAGR
Oct 1, 2020ACQUISITIONBrough, United Kingdom Wärtsilä divests Valves business to Evergreen Capital
Wärtsilä has sold 100% of Wärtsilä Valves Ltd to an affiliate of Evergreen Capital L.P. of New York. The UK valve maker, based in Brough with about 65 employees, had 2019 revenues of about EUR 15 million.
Productsnickel aluminium bronze valvesduplex valvesShipham valves
“The transaction was closed on the 1st of October.”wartsila.com
- 2 sources
- wartsila.comWärtsilä to divest its Valves businessOct 1, 2020
- business-live.co.uk222-year-old business Shipham Valves bought out by US investment firm as it eyes strong return | Business LiveOct 6, 2020
Summarized from public sources; check the original articles before acting on it.
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