Ireland-based Schivo has acquired ParMed, a fluid handling firm in Berlin, Connecticut, that makes intelligent electronic rotary valves, layered manifolds and pumps. ParMed will operate within Schivo's Life and Analytical Sciences segment. The announcement was made on September 24, 2024.
Houston-based DXP Enterprises has acquired Hartwell Environmental Corporation, a manufacturer's representative of pumps, controls and process equipment for the water and wastewater industry, adding three locations in Texas and Oklahoma. Hartwell had sales of $18.4 million over the 12 months to July 31, 2024.
KSB USA/North America, a subsidiary of Germany-based KSB Group, will invest $25 million to expand its Henrico County, Virginia pump and valve facility, more than doubling its square footage and creating 32 new jobs.
KSB USA/North America will invest $25 million to expand its Henrico County, Virginia facility, more than doubling its square footage with a new loading dock office and upgraded shipping and common areas. The expansion will create 32 new jobs, and the groundbreaking was announced by Governor Glenn Youngkin.
Ferndale, Michigan-based ROSS Controls has acquired Master Pneumatic, maker of filter, regulator and lubricator pneumatic air preparation products in Sterling Heights, Michigan. The announcement is dated September 3, 2024.
SCF Partners acquired severe-service valve makers DeltaValve and TapcoEnpro from CIRCOR International, announced August 30, 2024. DeltaValve is based in Salt Lake City and TapcoEnpro's primary location is in Houston, Texas.
ARI-Armaturen Albert Richter acquired Warren Controls, a control valve company based in Bethlehem, Pennsylvania, to expand its US presence.
Flowserve signed a definitive agreement to acquire privately held MOGAS Industries, a Houston-based maker of severe service valves, for $290 million plus a potential $15 million earnout. Closing is expected in Q4 2024.
ARI-Armaturen completed the acquisition of Warren Controls, Inc., a control valve company based in Bethlehem, Pennsylvania, on 12 August 2024. Financial terms were not disclosed.
ThermOmegaTech is expanding its manufacturing facility in Warminster, Bucks County, Pennsylvania, adding 23,000 square feet to the existing 37,000 square feet for manufacturing, R&D and office space. The company said the expansion will create jobs; the announcement was dated 7 August 2024.
Edwards Vacuum has celebrated the groundbreaking of its first US dry pump factory for semiconductor equipment in Genesee County, New York. The investment is expected to exceed $300 million and create 600+ jobs.
Graham Corporation was awarded a contract to provide the MK19 air turbine pump for the torpedo ejection system on the Columbia-class submarine, as part of three contracts worth over $65 million combined. Products will be made at its Arvada, Colorado operations; the award was in the second quarter of fiscal 2025.
Rapid Pump, a Hidden Harbor Capital Partners portfolio company, acquired Metro Pumps & Systems, a pump and motor repair and distribution firm in Edison, New Jersey. The deal expands Rapid Pump's customer base in the NYC-metro area.
Dover has acquired Marshall Excelsior Company for $395 million in cash. The Michigan-based flow control component maker will join Dover's OPW Global unit.
Oliver Twinsafe will supply soft-seated double block and bleed valves in 316 stainless steel for phases 2 and 3 of the Plaquemines project, for an unnamed European compression manufacturer. The project is on the Mississippi River about 20 miles south of New Orleans.
Workdry International has acquired Holland Pump Company, a pump rental business with over 1,000 pumps across 15 US sites, backed by Arcus Infrastructure Partners. It will operate as Workdry's North American division.
Rexa Inc, a maker of electronic components and industrial valves, plans a $33 million project including a 110,000 sq ft building on West Grove Street in Middleboro, relocating from West Bridgewater and creating 25 new jobs. The plan was presented to the select board on 1 July 2024.
Viega is building a $200 million, 180,000 square foot manufacturing facility in Shalersville, Ohio, about 40 miles southeast of Cleveland, expected to be operational in early 2025. The plant will expand its North American production.
Impel Company, backed by Pike Street Capital, acquired Don Pedro Pump, a family-run fluid management and pump provider in Turlock, California. The deal was announced on 27 June 2024.
Missouri-based Continental Pump and Tennessee-based Integrity Pump & Motor formed a strategic partnership, creating Compass Group's new pump manufacturing platform. The announcement was made on June 25, 2024.
Lime Rock Partners, together with CEO Gideon Hixon and the A&B management team, announced on June 19, 2024 the management buyout of A&B Valve, a Houston-headquartered valve distributor, installer and actuation provider serving the Permian Basin from Midland, Texas and Carlsbad, New Mexico. The purchase price was not disclosed.
HVAC equipment distributor JMP will consolidate its Greensboro operations into a new facility in Guilford County, North Carolina, investing $30 million and creating 40 jobs over five years.
Turnspire Capital Partners has acquired Swanson Industries, a Morgantown, West Virginia maker of hydraulic equipment for mining and industrial use, from AEA Investors. The deal also includes Swanson's controlling stake in Tiefenbach North America. No deal value was disclosed.
Watson-Marlow Fluid Technology Solutions opened its North American headquarters and first US manufacturing facility in Devens, Massachusetts, a 150,000 square foot site expected to create about 150 jobs.
Curtiss-Wright was awarded contracts valued above $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class Navy programs, with work running through 2029.
Curtiss-Wright was awarded contracts valued in excess of $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class programs, with work running through 2029.
Ebara Corp received an order from the Southern Nevada Water Authority to supply eight large double suction centrifugal water pumps for pumping stations in Las Vegas, Nevada.
Vessco Water, based in Minneapolis, acquired G.A. Fleet Associates, a New York distributor of pump and process treatment equipment for municipal water and HVAC equipment for commercial markets, based in Rye Brook, New York.
KKR has sent deal books for the sale of Circor International's DeltaValve subsidiary, a Sandy, Utah maker of coke drum unheading valves, with first-round bids expected in May; the business is marketed on $11 million of EBITDA, according to sources.
Motion & Control Enterprises (MCE) acquired General Machinery Company, Inc., a Birmingham, Alabama distributor of automation and electrical products, process pumps and compressed air products. GMC will keep its name and operate under its existing leadership.
Hydraulic gear pump and motor maker Geartek is expanding its existing Corinth, Mississippi facility by about 8,500 square feet with a $3.8 million investment that will create two jobs.
Edwards Vacuum, part of Atlas Copco, has started construction on the first phase of a $319 million dry pump manufacturing facility in the town of Alabama, Genesee County, New York. The plant is expected to create about 600 jobs.
DXP Enterprises acquired Hennesy Mechanical Sales, a distributor of industrial pumps serving municipal water and wastewater markets in Arizona, New Mexico and West Texas. The deal is listed in World Pumps' Q1 2024 M&A review.
Rapid Pump, a portfolio company of Hidden Harbor Capital Partners, acquired AC Furia Electric Motor, a White Plains, New York repair and distribution business for motors and pumps. The deal expands Rapid Pump's footprint in the northeast.
Sulzer has opened new pump production lines in Easley, South Carolina, making submersible sewage and grinder pumps with US materials and labour. The CHF 10 million investment supports Build America Buy America compliance.
SLB and ChampionX announced a definitive agreement for SLB to buy ChampionX in an all-stock transaction, with ChampionX shareholders receiving 0.735 SLB shares per share. The deal is expected to yield about $400 million in annual pre-tax synergies within three years.
US pump rental and dewatering provider Holland Pump Company completed its acquisition of Florida Dewatering, based in Tampa, Florida, in Q2 2024.
Becker Pumps Corp has completed the acquisition of Air-Vac Systems Inc, a vacuum pump and air compressor sales and service provider in El Cajon, California, to expand its repair and service network across the US and Canada.
ITT Inc. signed a three-year agreement to supply API-610 centrifugal pump systems, aftermarket parts and engineered services to ExxonMobil, mainly for North American operations. The contract has a US$50 million minimum commitment and up to US$80 million in potential revenue.
Geiger Pump & Equipment Company, a Mid-Atlantic and New England pump distributor, announced it is joining forces with Midwest distributor Crane Engineering in a combination covering pumps, valves and process lines. The announcement is dated March 15, 2024.
Dynamic Fluid Components, a fluid power distributor, plans a $4.8 million expansion including a 25,000-square-foot distribution facility at 181 Misty Drive in West Union, creating ten jobs, with operations due in Q2 2025.
Crane Engineering, a portfolio company of AEA Investors, has acquired Geiger Pump and Equipment, a Mid-Atlantic distributor of industrial and municipal pump and process equipment. Crane is headquartered in Kimberly, Wisconsin.
American Event Services closed its acquisition of Riverview, Florida-based Canariis Corporation, a maker of packaged HVAC, plumbing and fire-protection systems. Canariis becomes a wholly owned subsidiary of AES.
Oaktree Capital Management funds agreed to acquire LPW Group Holdings, a designer and manufacturer of valves, actuators, fittings and flanges for chemical and energy markets. Terms were not disclosed.
Taco Hydroflo Pump Solutions opened a manufacturing facility in Lubbock, Texas, adding 38 jobs and $1,875,000 of capital investment, with expanded pump test pit improvements.
John Crane, a business of Smiths Group, won a contract to supply wet seals for almost a hundred pumps to an electric battery manufacturing facility in Tennessee, USA. The announcement was made on 27 February 2024.
Viega will build a new manufacturing facility in Mantua, Ohio, for its ProPress and MegaPress metal pipe fittings, an investment of about $200 million, with production scheduled for early 2025 and over 68 new jobs.
Core & Main entered into a definitive agreement to acquire Dana Kepner Company LLC and associated entities, announced 9 February 2024.
Simflo has named Troy Pickering as CEO, Woody Boyd as president and CFO, and Jay Tando as COO.
Simflo has opened a 35,000-square-foot engineered products facility in Lubbock, Texas, as announced on February 8, 2024.