Rotork plc agreed to acquire Noah Actuation, a Seoul-based South Korean electric actuator manufacturer, for an enterprise value of £44 million. The deal is expected to close in the coming days.
Nakakita Seisakusho agreed to acquire Ace Valve Co. from Dta Investment Co. on November 26, 2024, with completion expected December 20, 2024. Ace Valve reported KRW 21.4 billion in total revenue for 2023.
Atlas Copco agreed to acquire Presys Co., Ltd., a privately owned vacuum valve maker with 134 employees in Suwon, South Korea. The purchase price was not disclosed and closing is expected in Q1 2024, subject to regulatory approval.
Scana ASA, through subsidiary Scana Valve Control, agreed to transfer its 49% stake in the Korean joint venture Scana Korea Hydraulic to SKH for about NOK 40 million, with closing expected in Q2 2023, alongside a new strategic cooperation agreement with Skarpenord.
Mecaro, a Korean semiconductor parts and materials maker, signed an agreement to acquire 100% of KVTS, which makes special valves for semiconductor equipment. The signing ceremony was held at Mecaro's Pyeongtaek headquarters on 2 November 2020.
The STX consortium completed payment to Heung-A Shipping for 3,642,640 PK Valve shares, becoming PK Valve's largest shareholder in Korea, reported on 30 October 2020.
STX was notified on July 29, 2020 that it has been selected as the preferred bidder for the acquisition of PK Valve Co., Ltd. Final details have not yet been announced.
The Verder Group has acquired JEC Limited, a South Korean manufacturer of hygienic rotary lobe, centrifugal and twin-screw pumps for the food, pharmaceutical and hygienic markets. JEC will continue under director James Song.
Kumkang Kind plans to acquire 21 million shares in Kspvalve worth 10.5 billion won, giving it a 57.5 percent stake after the transaction.
Israeli valve maker Hamlet announced the acquisition of South Korean company S&S Valve for up to $6 million, entering flow-control valve management for gas, oil and petrochemical applications. S&S Valve had 2017 sales of about $30 million.
Kitz Corp signed a contract to acquire a 100 percent stake in Korea-based valve maker Cephas Pipelines Corp, with the transaction expected to complete on April 17. The deal value was not disclosed.