Industrial Flow Solutions agreed to acquire Dreno Pompe, an Italian maker of electrical submersible wastewater pumps based in Monselice, Padua. Dreno will keep its name and plant in the Veneto region.
Helios Technologies signed a definitive agreement to acquire NEM S.r.l., a hydraulic solutions maker in Emilia Romagna, northern Italy, serving material handling, construction and agricultural markets. Terms were not disclosed and closing is expected in Q3 2021.
CEME S.p.A. completed the takeover of 100% of ODE Group, including ODE srl, ACL srl and ODE-HK, with about 750 employees and over EUR 80 million turnover, creating a group of 1,650 employees.
Copreci has closed an agreement to buy all assets of the valve production process from Defendi S.r.l., an Italian subsidiary of the E.G.O. Group, strengthening its gas cooking appliance business.
Interpump Group announced that the merger by incorporation of its wholly owned subsidiary Mariotti & Pecini, a maker of mixers and agitators, has taken effect. Interpump had bought 60% of the company in 2017 and later acquired the remaining 40%.
Puglia regional government approved Nuovo Pignone srl to present a definitive project for an investment of about €19.26 million at its Bari plant, with a regional grant of €6.74 million and four new jobs.
OMB Valves SpA of Bergamo, Italy completed its acquisition of BEL Valves S.r.l., the Milan operation of UK-based BEL Valves Limited. The business makes API 6D ball and gate valves and keeps the BEL Valves name for one year.
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.
Daikin Industries completed its acquisition of all shares of Duplomatic MS Spa, the Parabiago, Italy-based maker of hydraulic and electromechanical motion control components, on June 30, 2022.
Alperia SpA opened a tender for supply and installation of four DN 900 PN 64 rotary valves at its Glorenza (BZ) hydroelectric plant in Italy, with a value of EUR 2,038,778 and a bid deadline of 10 March 2020.
LVF S.p.A. is expanding its production site in Via Mazzini, San Paolo d'Argon, Italy, adding 4,805 square metres of covered area for a total of 11,245 square metres. Fibedil Srl was awarded the construction works.
CERTINA is acquiring Pibiviesse, the long-cycle upstream oil and gas engineered valve business of CIRCOR International, based in Milan, Italy. The business will be separated from CIRCOR and operated independently within the CERTINA Flow Control division.
Velan ABV, a Velan subsidiary in Lucca, Italy, received a contract extension from MODEC to supply riser and topside actuated valves and compact manual ball valves for the FPSO MV31 Guanabara, deployed at the Mero field operated by Petrobras. Deliveries are due mid to late 2019; the article gives a combined value of US$63 million for two contracts.
Comisa S.p.A. has inaugurated a new 5,300 square metre production facility in Pisogne, Brescia, housing a semi-automatic warehouse and robotic assembly islands for press fittings and ball valves.
SAMOA Industrial, headquartered in Gijón, Spain, acquired Italian manufacturer Larius Srl, which makes transfer pumps, paint spray equipment and extrusion systems. The deal was announced on 12 April 2019.
Italian pump maker Calpeda launched a new Innovation Centre at its headquarters in Montorso Vicentino to focus on product development, and released its first e-idos pumps with on-board control and monitoring. The move marks the company's 60th anniversary.
Pietro Fiorentini completed the acquisition of a majority stake in TIV Valves Srl, a ball valve maker based in Rescaldina, Milan, on 5 April 2019; the company reports the first year after the deal as successful.
Dover Corporation sold the entire share capital of Finder Pompe S.r.l., a pump maker based in Merate, Italy, to Gruppo Aturia S.p.A. Equity Factory advised Dover. The transaction totals $24 million.
Ebara Pumps Europe moved pump production from Brendola to a larger new facility in Gambellara, near Vicenza, Italy. The article reports the facility as inaugurated.
Investindustrial agreed to acquire a 97% stake in CEME Group S.p.A., a manufacturer of pumps, valves and flow meters based near Milan, from Investcorp, with management keeping 3%. Closing is expected in the coming months subject to antitrust approvals.
Japan's Nidec Corp acquired a 100% ownership interest in LGB Elettropompe Srl, an Italian commercial pump and motor manufacturer, reported in World Pumps' Q3 2017 review.
WIKA acquired SAMI Instruments, an Italian supplier of needle valves and manifolds for instrumentation, at the end of October 2017.
Japan's Nidec Corp has taken a 100% ownership interest in LGB Elettropompe Srl, an Italian commercial pump and motor manufacturer. The article is dated 1 July 2017 and gives no price.
Snam Rete Gas awarded a EUR 600,000 contract for DN 15-25 shut-off valves to Serck Audco Valves Flowserve Ltd, with the award granted on 2017-06-06.
Comet, part of Emak, signed a binding contract to acquire 83.1% of Lavorwash from Zenith, with an initial valuation of about EUR 54.8 million. Closing is expected in early July 2017.
DexKo Global has signed an agreement to acquire Italy-based Fluid-Press Group, a maker of hydraulic valves and manifold blocks founded in 1971. Fluid-Press will join DexKo's Hydraulics business alongside Safim Brakes.
Italian pneumatic and hydraulic component makers Airwork and Tecnofluid have combined into A&T Fluid Solutions srl, with a new production site in Carate Brianza. Orders and customer relations are handled by the merged company from 1 October 2024.
Valvitalia signed a contract to acquire 100% of Nuova Giungas, a Formigine (Modena) manufacturer of monolithic isolation joints for pipelines with 36 employees and about EUR 7 million turnover in 2015. The deal extends Valvitalia's oil and gas product portfolio.