Momentum Group's subsidiary Börjesson Pipe Systems AB signed an agreement to acquire 70 percent of Ceon AB, a Laholm, Sweden valve and actuator specialist focused on the marine sector. Closing was to take place immediately.
Swedish industrial distributor Ahlsell has signed an agreement to acquire all shares in Proseal, a flow technology sales and maintenance company with about SEK60 million in revenue and 22 employees. The deal is expected to close in June 2026.
Flowserve has signed a deal to sell its PMV valve positioner and switchbox product line, the Solna, Sweden engineering centre and associated Automax, Worcester and Accord assets to Houston-based Amberjack Capital Partners. The deal is expected to close in Q3 and 18 employees will transfer.
Ramén Valves announced the acquisition of Industriarmatur, a Swedish supplier of valves and valve actuation solutions for industrial, process and district heating applications. The deal broadens Ramén's portfolio for Swedish customers.
Atlas Copco is acquiring Itsab AB, a Swedish compressor and power equipment distributor headquartered in Luleå with 21 employees. The deal is expected to close in the third quarter of 2025, and the price was not disclosed.
WTR Group has bought Pumpteknik AB, a Gothenburg-based supplier of pumps, blowers, vacuum units, compressors and LPS pump stations. All staff, including the owner and CEO Stefan Ström, will stay on.
Vestum has agreed to sell 100% of Flowa Technology AB to private equity investor Nordic Capital for SEK 6.5 billion cash on a cash- and debt-free basis. Completion is expected in the second half of 2026, subject to approvals.
A.P. Moller Holding's subsidiary Circle Bidco ApS announced a recommended public cash offer of SEK 230 per share to acquire Concentric AB, a Nasdaq Stockholm-listed maker of pump, fan and fluid power solutions for commercial vehicles.
Momentum Group, through subsidiary Börjesson Pipe Systems, signed an agreement to acquire 100 percent of Minrox AB, a Swedish specialist in flow technology for abrasive industrial processes. Minrox has about SEK 34 million turnover and operates from Huddinge and Motala. No deal value was disclosed.
Oatey's affiliate has acquired Aktibolaget Durgo, a Stockholm-based manufacturer of air admittance and pressure regulating valves, to expand in European and Asian plumbing markets. The announcement was made on March 4, 2024.
Andritz signed an agreement to acquire the NAF AB control valve business from Flowserve Corporation. NAF, headquartered in Linköping, Sweden, makes process control valves for pulp and paper and other industries. No price was disclosed.
Momentum Group signed an agreement on 22 May 2023 to acquire 93.7 percent of Askalon AB from the founding Warnqvist family, at an enterprise value of SEK 240 million for 100 percent. Closing is expected in early June 2023.
Sulzer completed its acquisition of Cardo Flow Solutions, a Malmö-based pump supplier for the wastewater market, for a total cash consideration of SEK 5.9 billion (CHF 852 million), on July 29, 2011.
Momentum Group signed an agreement to acquire 70% of Hydmos Industriteknik AB, a Stockholm maker of high-pressure hydraulic and gas systems. Closing is expected in February 2023.
Hiab agreed to buy the family-owned Swedish industrial group Olsbergs, which makes hydraulic valves and remote controls for its loader cranes. The closing is set for 1 January 2023, and all 100 Olsbergs employees will join Hiab. The value was not disclosed.
Gardner Denver Holdings acquired Oina VV AB, a Stockholm-based maker of customized peristaltic pump solutions for medical, process and industrial uses, for a net purchase price of about US$10 million funded from cash on hand. Oina will join Gardner Denver's Medical Segment.
IDEX Corporation acquired Velcora Holdings AB, whose businesses include mechanical seal maker Roplan and hygienic mixer and valve maker Steridose, in Q3 2019. The deal complements IDEX's sealing solutions and health and science platforms.
Finnish valve and pump maker Flowrox Oy acquired NovaTek AB, a filtration technology company based in Sodertalje, Sweden, to grow in solid/liquid separation.
Ramén Valves acquired Engelsbergs Ventiler AB, a Swedish valve manufacturer, which will be included as a sales division. The deal extends Ramén's range of industrial valves.
Ahlsell agreed in June 2017 to acquire the Swedish VA distributor ViaCon VA, with annual revenue of about 320 MSEK, and the Swedish Competition Authority has now approved the deal. Takeover is expected in early November 2017.