Clear Lake, Minnesota-based Doering Company acquired the assets of Eden Prairie-based Metro Hydraulics, a maker of hydraulic directional control and other valves for agriculture, construction and light industrial markets.

DXP Enterprises completed its acquisition of Turbo Machinery Repair, a pump and industrial equipment repair and machining company in Richmond, California, funded with cash on hand. Financial terms were not disclosed. Signing occurred on January 31, 2020.

Chromatic Industries acquired certain assets and the principal business of Quality Oil Tools in Jennings, Louisiana, in 2017, operating it as a subsidiary, Chromatic Oil Tools.

Indutrade AB signed on 6 February 2020 to acquire all shares of Jouka OY, a Ylöjärvi, Finland ball valve manufacturer with about EUR 6.5 million annual sales and 31 employees. The closing took place on 6 February.

Franklin Electric acquired the product lines, assets and manufacturing process of CPS Pumps, LLC in Rossville, Tennessee for $6.3 million, with the Rossville employees joining Franklin Electric. The business will be integrated into its Global Water unit.

OEM International AB acquired Zoedale Ltd in the UK, a group with annual sales of GBP 3 million whose brands include ASCO, Valpes, Omal, Bernard Controls and Peter Paul, which make valves and actuators. The deal was announced on 31 January 2020.

Trelleborg's Industrial Solutions business area has acquired engineering group Signum Technology and its subsidiaries Gall Thomson, KLAW LNG, KLAW Products and Vee Bee Filtration. Signum makes safety-critical flow control products such as marine breakaway couplings and LNG transfer safety solutions.

Warburg Pincus agreed to acquire Sundyne, a maker of centrifugal pumps and compressors, from BC Partners and The Carlyle Group. Terms were not disclosed and management under CEO Mark Sefcik will continue.

Bernard Callens took over Dewaele Technical Agencies BV (DTA) in Waregem, Belgium from Lieven Dewaele in January 2020. DTA distributes pump, valve and mixer equipment and serves the textile, food and chemical sectors.

Chuanrun (002272.SZ) plans to buy a 75% stake in Jiangsu Ousheng Hydraulic Technology, a maker of hydraulic plunger pumps and valves in Qidong, for RMB 41.25 million funded from internal resources.

US energy services investor SCF Partners, via subsidiary Buchan 2, is acquiring Peterhead-based Score Group, a valve and gas turbine component supplier, for £120.5 million.

Inflexion has agreed to acquire Aspen Pumps, a specialist condensate pump manufacturer, from 3i Group in a deal announced in December 2019. Aspen has over 200 employees and exports to more than 100 countries.

3i agreed to sell its investment in Aspen Pumps, a global condensate removal pump maker, to Inflexion Private Equity for proceeds of about GBP 208 million. The announcement was made on December 18, 2019.

Swiss group LK Hydraulics took over 80% of Picardie Valves Industries in Ham, France, from bankrupt Altifort, keeping all 106 permanent and 12 fixed-term contracts. The change of ownership took effect on December 13, 2019.

China's Neway Valve plans to acquire Dortmund-based flow control products maker Econosto International Holding for EUR 11.3 million (USD 12.5 million) to expand its international market share. Neway's board approved the plan, and the company said on Dec. 6 it will move on to an equity transfer deal.

Movement Industries Corp. completed its acquisition of SGX Industrial LLC, gaining IoT monitoring technology, flow control patents and about $300,000 of inventory. The purchase price is Series B preferred shares plus assumption of a $300,000 promissory note.

Winsupply Inc. bought Industrial Equipment & Parts, a Plymouth, Minnesota distributor of heavy industrial pumps serving pulp, paper and ethanol customers. Terms were not disclosed.

Flowplus Oy acquired the restructuring, maintenance and repair business of Oy Lining Ab for pumping stations in Lappeenranta, Finland, through an asset purchase executed on 29 November 2019.

OEM International signed an agreement to acquire the pump division of Finisterra AS in Norway, which sells Hermetic, Flux and Almatec pumps for chemical and industrial use. The division will be integrated into OEM Automatic AS.

Saur Group made a strategic investment in pump monitoring and optimisation company Riventa under a partnership signed the week before November 26, 2019. The deal is intended to strengthen Saur's offering to municipal and industrial customers in France and other markets.

Lakeside Process Controls acquired Sudbury-based CW Mechanical Limited, a valve repair and certification services company serving industrial customers in Northern Ontario, effective November 15, 2019. Lakeside plans to build a full service and production facility in Sudbury.

Wilo USA, through a new subsidiary, acquired the assets of American-Marsh Pumps (J-Line Pump Co.) in Collierville, Tennessee, announced on November 26, 2019. The company employs 55 people and makes centrifugal pumps, vertical turbines and fire protection equipment.

NIBCO has announced its acquisition of Milwaukee Valve, a producer of valves for commercial, industrial and marine markets, which will operate as a wholly-owned subsidiary with no operational changes.

Russia's Commission on Foreign Investments approved Saudi investors acquiring a 20.5% stake in Novomet, a Russian artificial lift equipment maker, for about 5 billion rubles (around $78 million); RDIF will take a 10.2% stake.

JB Industries, an Aurora, Illinois maker of HVAC/R tools, has completed its acquisition of C&D Valve of Oklahoma City, Oklahoma. Both brands will continue to operate independently.

Hunt Valve Company, a May River Capital portfolio company, completed its acquisition of Pima Valve, a maker of severe-duty bronze marine valves in Chandler, Arizona, announced November 5, 2019.

Krohne and Samson started FOCUS-ON, an equal joint venture registered in Dordrecht, Netherlands, to develop, market and produce autonomous actuators for the process industry. The announcement was dated 30 October 2019.

Family-owned Metropolitan Industries of Illinois acquired Emmons Pump & Control, which was renamed Emmons Metro LLC as of August 27, 2019, in Albany, New York. The deal was publicized on October 23, 2019.

IMI plc has acquired PBM, Inc. Valve Solutions for $85.0 million, according to deal listing data published on October 15, 2019.

Matholding Group acquired 51 percent of U.S.-based OCV Control Valves LLC, adding valves for fueling transfer and aviation markets to its portfolio.

Macclesfield-based Franchise Brands acquired WPL Group Holdings and its subsidiaries Willow Pumps and Willow Drainage for £12.5m, with an initial consideration of £5m. The business supplies, installs and services water pumps.

NIBCO agreed to acquire the entire Milwaukee Valve Company, including its products, facilities and assets, with the deal expected to close in the fourth quarter of 2019 pending regulatory approvals. Terms are confidential.

Thermador Groupe announced exclusive negotiations with the shareholder of regional competitor Eurobinox to buy back its shares. Eurobinox, based near Lyon, makes valves, fittings and tubes and had turnover of EUR 14.5 million last year.

Ohio Transmission Corporation, an industrial equipment distributor in Columbus, Ohio, has acquired Pumps, Parts and Service Inc., a Charlotte, North Carolina pump and repair distributor serving the Southeast. PP&S will become a division of OTP Industrial Solutions.

Tene Investment Funds is reportedly acquiring a 74% stake in Habonim Industrial Valves & Actuators for NIS 100 million (about $28.3 million), based on a company valuation of NIS 130 million. The deal is reportedly nearing closure, according to an anonymous source.

The John H. Carter Company acquired Process Pumps & Equipment and its affiliate LA Machine & Design, which will operate from existing facilities in Geismar and Shreveport, Louisiana, expanding its pump group offerings. The deal was announced on September 13, 2019.

KCM Capital has acquired Mobile, Alabama-based Industrial Valve Sales & Services LLC, a provider of specialty valve services and products, with financing from PNC Mezzanine Capital, Five Points Capital and Hancock Capital Management. Financial terms were not disclosed.

Elliott Group merged Ebara International Corporation, based in Sparks, Nevada, with its operations in Jeannette, Pennsylvania. The transaction was listed in the Q2 2019 pump M&A review.

ITT completed its acquisition of Rheinhütte Pumpen, which is headquartered in Wiesbaden, Germany and makes centrifugal and axial flow pumps for aggressive media in chemical, mining, renewable energy and refinery processes. The deal was reported in the Q2 2019 pump M&A review.

Indutrade has signed an agreement to acquire all shares of Finkova Oy, a Finnish niche valve trading business with annual sales of about EUR 8.5 million, serving the process and boiler industries.

German valve company ARI-Armaturen Group bought all outstanding shares of Hogfors Oy, a Finnish manufacturer of butterfly and ball valves used mainly in district heating and process industries, with Clairfield as exclusive financial advisor.

Airtech Inc. acquired Champion Valves Inc. and Valve & Pump Specialties Inc. in early September 2019 to complement its US Valve subsidiary. Champion, based in Wilmington, North Carolina, makes industrial check and butterfly valves.

Sunbelt Supply, a Clearlake Capital-backed flow control provider, acquired Severe Service Specialists (Triple S), a provider of valves and services based in Trussville, Alabama. Terms were not disclosed.

DevCo Partners signed an agreement to acquire ARMATURY Group, a Czech industrial valve manufacturer with about 550 employees and revenue of about EUR 60m, to combine it with its Vexve valve business.

IMI plc announced the proposed acquisition of PBM Inc., a manufacturer of industrial valves and flow control products based in Irwin, Pennsylvania, for an enterprise value of $85 million. Closing is expected within two months.

Russel Metals announced an agreement to acquire City Pipe & Supply Corp., a supplier of pipe, valves and fittings to oil and gas companies in Texas and New Mexico. The announcement was made on August 19, 2019.

Champion Valves Inc. has been acquired by US Valve LLC, a division of Airtech USA. Champion Valves will continue operating under its own name, with Steve Lovell taking over responsibility.

Ingersoll Rand agreed to sell its industrial division, including Precision Flow Systems, to Gardner Denver in a transaction valued at $7.7 billion, as reported in a mid-2019 fluid handling M&A review.

Ingersoll Rand completed its acquisition of Precision Flow Systems from BC Partners Advisors and the Carlyle Group in a transaction valued at $1.45 billion, as reported in a mid-2019 fluid handling M&A review.

Metropolitan Industries acquired Emmons Metro LLC (formerly Emmons Pump & Control), a supplier of pumps, equipment and controls based in Albany, New York, in August 2019.