Trillium Flow Technologies announced the sale of its French valves operations to nuclear energy company Framatome.
The Workdry Group expanded in mainland Europe by acquiring French pumping and dewatering specialist DMTP in Q3 2026.
Framatome has bought Trillium Flow Technologies France, a maker of nuclear valves based in Saint-Victoret, France, and the unit is renamed Sebim. The article gives no purchase price.
Alfa Laval has completed the acquisition of the cryogenics business unit of Fives Group, now Fives Energy Cryogenics, a maker of cryogenic heat exchangers and pumps. The business joins Alfa Laval's Energy Division as a new separate unit.
Framatome has acquired Valserve, a Lyon-based maker of nuclear, military and cryogenic valves, for an undisclosed amount.
Alfa Laval signed a binding put-option agreement to acquire the Fives Cryogenics business unit of Fives Group for a fixed price of EUR 800 million, subject to works council consultation.
Velan shareholders approved the sale of Velan's French subsidiaries Segault and Velan S.A.S. to Framatome for €170 million (US$177.6 million), with total consideration of US$201.1 million including an intercompany loan.
French pressure-control group IMF International acquired ADES Technologies, a company founded in 1948 that serves rail, nuclear and defense markets and has about 52% of its revenue from exports. The combined group has about EUR 20 million in revenue and 70 employees.
Framatome and TechnicAtome announced the acquisition of Daher Valves from the Daher Group in France. The company, which makes valves for nuclear and defence applications, has reverted to its historic name Vanatome.
ACI Groupe announced the acquisition of JTEKT's hydroelectric pump business in Europe, including the Blois production site and the Chennevières-sur-Marne technical centre. The business will be renamed ENERFLUX and integrated into ACI's Engineering to Product unit.
Flowserve and Velan extended the outside date of their February 2023 arrangement agreement by 30 days to October 7, 2023, because regulatory approvals were not yet all obtained.
URACA, a maker of high-pressure plunger pumps, completed its acquisition of cleaning equipment companies Hydroclean and SAT Dimaco on 10 March 2022. Financial terms were not disclosed.
Danish marine pump maker Svanehøj has acquired Wärtsilä Tank Control Systems, a maker of LNG tank gauging systems, and is establishing Svanehøj France as a land-based business at its Calais, France facility with almost 40 employees.
JTEKT Corporation agreed to sell its French industrial hydraulic components division HPI Industrial to EiM Capital and Apogee, following a December 2021 put option; the deal is subject to employee consultation and expected to complete in the first half of 2022.
Orano acquired KSB Service Energie and its subsidiaries KSB Service Cotumer and STII from German group KSB to expand its industrial maintenance services, including for the French nuclear fleet.
KSB has sold three French service companies, KSB Service Énergie, its subsidiary STII and KSB Service Cotumer, to Orano DS. KSB Service Énergie and STII specialise in nuclear maintenance, and the three companies employ around 300 staff in total.
Swiss group LK Hydraulics took over 80% of Picardie Valves Industries in Ham, France, from bankrupt Altifort, keeping all 106 permanent and 12 fixed-term contracts. The change of ownership took effect on December 13, 2019.
Saur Group made a strategic investment in pump monitoring and optimisation company Riventa under a partnership signed the week before November 26, 2019. The deal is intended to strengthen Saur's offering to municipal and industrial customers in France and other markets.
Thermador Groupe announced exclusive negotiations with the shareholder of regional competitor Eurobinox to buy back its shares. Eurobinox, based near Lyon, makes valves, fittings and tubes and had turnover of EUR 14.5 million last year.
Sferaco, a subsidiary of Thermador Groupe, has opened negotiations to buy 100% of Groupe Valfit, a Bussy Saint-Georges company that sells connectors, meters and valves to wholesalers, with a deal targeted by end of January 2018. Valfit reported 2016 turnover of EUR 5.9 million. No price was disclosed.
MLD, a maker of motorized industrial valve actuators, acquired PFS, an independent northern French company with about EUR 5 million in revenue and 30 employees. The deal also diversifies MLD into fluid management from storage to distribution.
Sulzer is in discussions to acquire Ensival Moret from Moret Industries for an enterprise value of about $83.6 million. Ensival, founded in 1905 and based in Saint-Quentin, France, had sales of about $120 million in 2015.
Swiss Sulzer is negotiating exclusively to buy French pump maker Ensival Moret for CHF 85 million (about EUR 80 million), with closing possible in Q2 2017 subject to shareholder approval, reported November 28, 2016.