DXP Enterprises completed its acquisition of Total Equipment Company (TEC), a distributor of aftermarket and service capabilities, announced March 29, 2021. Financial terms were not disclosed.

Norwegian pump specialist Lakers AS has acquired Pump Supplies Ltd, the UK's largest electric submersible pump hire fleet operator and leading Flygt distributor, for an undisclosed sum, expanding Lakers into the UK market.

Hillenbrand completed the sale of Abel Pumps, L.P. and affiliates to IDEX Corporation, generating cash proceeds of about $103.5 million. The agreement was originally announced on January 11, 2021.

Trillium Flow Technologies, a First Reserve portfolio company, has acquired Red Point Alloys BV, a Dutch maker of exotic material isolation valves. The deal value was not disclosed.

McWane Plant & Industrial has acquired the Tri-Seal Valve product line, including the Quarter-Flex industrial butterfly valves. The deal value was not disclosed.

IDEX Corporation completed its acquisition of German piston and diaphragm pump maker ABEL GmbH, which has been part of IDEX since March 2021. ABEL will join IDEX's Fluid and Metering Technology segment.

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.

Apex Pumps of Bristol completed a management buyout on February 26, 2021, when founder Nick Sole sold the business and assets of Apex Fluid Engineering and Precision Alloys to a team led by Andrew Simpson and Sam Kemp.

AVK Group has acquired a majority shareholding in Zagreb-based valve manufacturer OMV-INDOIL, which has sites in Croatia and Bosnia and Herzegovina, with founder Tomislav Matkovic remaining a minority shareholder.

Motion & Control Enterprises, a Frontenac portfolio company, acquired Diversified Air Systems, an Ohio air compressor distributor, and Swanson Flo, a Minnesota process instrumentation distributor. LBC Credit Partners agented a senior secured credit facility to support the deals. The article is dated 22 February 2021.

KKR has agreed to acquire Flow Control Group, a Charlotte, North Carolina distributor of flow control and industrial automation products, from Bertram Capital. Financial terms were not disclosed.

KKR agreed to acquire Flow Control Group, a Charlotte-based maker of pumps, valves and air compressors, from Bertram Capital. Terms were undisclosed, though a source said the deal values the company above $1 billion including debt.

Ingersoll Rand agreed to sell a majority stake in its High Pressure Solutions segment to American Industrial Partners for about $300 million. The deal was expected to close in the first half of 2021.

EPS Group has acquired Ferrier Pumps Limited, a pump specialist with offices in Edinburgh, Glasgow and Aberdeen serving Scotland's utility, industrial and commercial markets. The article is dated February 2021 and gives no deal value.

MCE, a fluid power and lubrication supplier based in Zelienople, Pennsylvania, acquired Swanson Flo, a regional distributor of process instrumentation and flow control valves based in Plymouth, Minnesota, with 92 employees.

Parkson Corporation, a subsidiary of Axel Johnson Inc., acquired the assets of Schreiber LLC of Trussville, Alabama, adding pump, headworks, biological and filtration technologies. Schreiber's aftermarket care department will give Parkson a second dedicated parts and services facility in the Southeastern US.

Caterpillar completed its acquisition of the Oil & Gas division of Weir Group, which now operates as SPM Oil & Gas near Fort Worth, Texas. The business includes more than 40 global service centers and about 2,000 employees.

Goforth Williamson, Inc. announced its acquisition of Gilbert Pump & Mechanical, a pump distributor serving the Alabama and Florida panhandle. The deal adds inventory locations, a pump testing facility and lift station package capability.

Marshall Excelsior Company, a Harbour Group company, acquired the assets of CPC-Cryolab, a liquid hydrogen and helium valve provider, and Rockwood Swendeman, a cryogenic safety valve manufacturer, confirmed on 20 January 2021.

Conquest Industries of Stow, Ohio acquired the manufacturing division of Durbin Industrial Valve in Akron, Ohio, with NEO Business Advisors as broker. Durbin will focus on valve sales, service, repair and rebuild, while Conquest takes over valve parts manufacturing and machining.

Hillenbrand agreed to sell Abel Pumps L.P. and affiliates to IDEX Corporation for $103.5 million in cash, subject to post-closing adjustments. The deal is expected to close in Hillenbrand's second fiscal quarter.

Midwest private equity firm May River Capital has acquired Unibloc Pump, an Atlanta-area maker of positive displacement pumps, strainers and valves for sanitary applications. The deal was announced January 7, 2021.

Worthington Industries has acquired PTEC Pressure Technology GmbH, a German designer and maker of valves and components for hydrogen and CNG storage systems, based in Burscheid, Germany. The company has 11 employees.

DeZURIK acquired Hillenbrand's Red Valve business on December 31, 2020 at an enterprise value of $63 million, including a $58 million cash payment and a $5 million note. Hillenbrand announced the completed sale on January 4, 2021.

Swedish industrial pump maker Concentric AB acquired Allied Enterprises LLC, a Muncie, Indiana transmission parts manufacturer, in a cash deal valued at $11.7 million.

Pedrollo Group S.p.A. agreed to buy a majority stake in Superior Pump, a North American producer and distributor of premium pumps, in a deal advised by Chartwell. The article gives no deal value or location.

A.Y. McDonald acquired Val-Matic Valve & Mfg. Corporation of Elmhurst, Illinois on December 31, 2020.

Anvil and Smith-Cooper International, a Tailwind Capital portfolio company, acquired the ABZ and Quadrant Valve brands from parent Forum Energy Technologies.

DXP Enterprises completed the acquisitions of Total Equipment Company, APO Pumps & Compressors with Corporate Equipment Company, and Pumping Solutions, Inc. Financial terms were not disclosed, and the targets had about $114 million in sales for the 11 months ended Nov. 30, 2020.

EBARA Corporation signed an agreement to acquire 100 percent of the shares of Vansan, a leading Turkish pump manufacturer that exports about 70 percent of its output to more than 70 countries.

Cleveland-based private equity firm CapitalWorks acquired ERL Commercial Marine and its subsidiary Law Valve of Texas in a majority recapitalization. Baird Business Owner Solutions advised ERL on the deal.

Dallas private equity firm Crossplane Capital completed the acquisition of Griffin Dewatering, a Houston-based groundwater control and dewatering services provider with 11 US locations. The deal was announced on 2 December 2020.

AxFlow's subsidiary Brown Brothers Engineers has acquired SPX Flow Technology New Zealand Ltd., a sales and service organization for APV, Waukesha Cherry-Burrell and other fluid-handling brands, which will be renamed Brown Brothers Engineers Flow Technology Ltd.

ZETKAMA sp. z o.o. merged with FAG S.A. of Głuchołazy on November 30, 2020, taking over FAG's assets. ZETKAMA now produces valves and castings at three Polish locations.

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.

Gryphon Investors acquired Vessco Holdings, a Minneapolis distributor of flow control, pump and automation equipment, from O2 Investment Partners together with Vessco's management team. Terms were not disclosed.

Pump maker Svanehøj has acquired the Marine Equipment Service Department of Force Technology in Brøndby, Denmark, giving it full-scope servicing for pumps, compressors, valves and instrumentation. The unit has about 50 employees, who will join Svanehøj.

The Master Group has acquired Alberta-based Soper's Supply Ltd, a distributor of electric motors, fans, blowers and pumps to the Western Canada market. The deal adds branches in Winnipeg, Edmonton, Calgary, Surrey and Vancouver.

Sunbelt Supply's affiliate FloWorks International acquired Oliver Equipment Company, a Houston-based specialty rotating equipment and packaged systems provider with five branches. Terms were not disclosed.

The US Federal Trade Commission granted early termination of Caterpillar Inc.'s acquisition of The Weir Group PLC, a deal covering several Weir subsidiaries, as of 3 November 2020.

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%.

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.

Pelican Energy Partners closed its purchase of the Surface Pressure Control Flow business unit of Baker Hughes on 31 October 2020. The unit becomes an independent company called Vault Pressure Control, serving pressure control customers in the US, Canada, Australia, Papua New Guinea and Trinidad and Tobago.

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.

OPW, a Dover company, acquired the ISO Liquid Tank Container product line from Girard Equipment of Vero Beach, Florida. OPW will manufacture the line at its Lianyungang facility in China.

Alfa Laval amended its recommended public cash tender offer for all shares of Finnish valve maker Neles, lowering the minimum acceptance condition to more than 50% and extending the acceptance period. The offer was first announced on 13 July 2020.

Wärtsilä has sold 100% of Wärtsilä Valves Ltd to an affiliate of Evergreen Capital L.P. of New York. The UK valve maker, based in Brough with about 65 employees, had 2019 revenues of about EUR 15 million.

Valmet proposed to the Neles board on 29 September 2020 to start talks on a statutory merger of the two Finnish companies. Valmet had already built its Neles stake to 29.5%.

Neway Valve called off its planned EUR 11.3 million takeover of Germany's Econosto International Holding due to Covid-19 market changes, and will pay EUR 500,000 in compensation.

Caterpillar signed an agreement to acquire the Oil & Gas division of Scotland-based Weir Group for $405 million in cash, pending shareholder and regulatory approval. The division is headquartered in Fort Worth, Texas.