Lubbock, Texas-based Simmons Pump and Simflo Pumps have merged into a privately held company operating as SIMFLO, headquartered in Lubbock with offices in Willcox, Arizona and Garden City, Kansas. All 120 employees were retained.
Current Water Technologies Inc. closed its acquisition of 100% of Pumptronics Incorporated, paying $700,000 cash, a $100,000 deposit credit, a $400,000 promissory note and 12 million shares.
Applied Industrial Technologies agreed to acquire FCX Performance, a Columbus, Ohio distributor of valves, instruments, pumps and lifecycle services, for about $768 million, with closing expected within 30 days.
PumpMan Holdings, a Soundcore Capital Partners portfolio company, completed the acquisition of the assets of Brooklyn-based Federal Pump, which manufactures pump systems and provides service and repair in New York City.
Italian Annovi Reverberi group acquired 95% of US agricultural and off-highway pump maker Ace Pump, with the remaining 5% held by its former president and new CEO Andy Randle. The deal was reported in 2018.
KSB acquired US pump service and sales company Dubric Industries, based in Comstock Park, Michigan, expanding its service network in the US Midwest. The deal was reported in 2018.
Smith Group agreed to sell the bearings business of mechanical seal maker John Crane to Austrian company Miba AG for US$35 million. The divestment was reported in 2018.
Sulzer completed the acquisition of US-based JWC Environmental, a supplier of grinding, screening and dissolved air flotation systems for wastewater treatment, and placed it in its pump division. The deal was reported in 2018.
Simmons Pump LLC of Lubbock, Texas acquired Simflo Pumps Inc. of Willcox, Arizona, and Simmons Pump of Garden City, Kansas, combining them under the new SIMFLO brand. The article gives only the year 2018 as the date.
Armstrong Fluid Technology completed the acquisition of the Circulator Pump business unit of Halm Motors + Systems GmbH in Germany. The article gives no deal value or date beyond the article date.
Circor acquired Colfax Fluid Handling, a pump business, as reported on 2018-01-01. The article gives no deal value or location.
Interpump Group signed a binding agreement to acquire the international subsidiaries and the manufacturing unit of Finland-based GS-Hydro, a piping systems maker, for EUR 9 million, with closings expected by end of February 2018.
AxFlow Holding, the fluid handling business group of Axel Johnson International, acquired Bahr Pump in Estonia, Pumptechnique in Latvia and Flow Technologies in Lithuania, closing on December 20, 2017. The deal gives AxFlow its first Baltic market presence.
Investindustrial agreed to acquire a 97% stake in CEME Group S.p.A., a manufacturer of pumps, valves and flow meters based near Milan, from Investcorp, with management keeping 3%. Closing is expected in the coming months subject to antitrust approvals.
IMI Precision Engineering agreed to acquire Bimba, a maker of pneumatic, hydraulic and electric motion products with a US distributor network, for $198 million. Completion is expected in early 2018 subject to merger clearance and ESOP approval.
VanZandt Controls, an OFS Energy Fund portfolio company in Odessa, Texas, acquired the machining assets of Flatland Forge to machine valve packaging components in-house.
HEROSE has acquired a majority shareholding of 51% in Australian valve manufacturer Mack Valves, which has plants in Melbourne and Pune, India.
Flowserve signed a definitive agreement to acquire Trillium Flow Technologies' Valves Division, a provider of mission-critical valves for nuclear and power generation, for $490 million in cash. The deal is expected to close mid-year 2026.
Circor International completed its acquisition of Colfax Corp's Fluid Handling business, a valve and pump manufacturing unit, as reported on December 1, 2017.
Svoboda Capital Partners sold industrial distributor Blake & Pendleton to Five Points Capital and the senior management team. Svoboda had acquired the company in June 2013 from KLH Capital.
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.
Huzhou Fengling Huoshan Equity Investment Partnership acquired a 9.82% stake in Jiangsu Shentong Valve from a group of shareholders for approximately CNY 380 million on November 23, 2017. The deal covers 47.7 million shares at CNY 7.88 per share.
Longacre Group announced the acquisition of Pyroban and Pyropress, makers of explosion protection equipment, from Caterpillar Inc. Brian Quarendon joins as CEO to carry out the carve-out and drive growth.
Taco Family of Companies acquired the Taconova Group, a Zurich-headquartered maker of hydronic heating, balancing, underfloor heating and valve solutions. The deal strengthens Taco's presence in Europe.
FCX Performance, a flow control distributor, has acquired Houston-based Eads Distribution and Charlotte-based The Massey Company, expanding its footprint to 67 offices nationally.
Sonatrach and Baker Hughes, a GE Company, created a joint venture, 51% Sonatrach and 49% Baker Hughes, to produce oil and gas equipment in Algeria. The 20,000 m2 industrial complex in Oran carries a joint investment of $45 million and is expected to be operational in December 2019.
Medo USA merged with its parent company Nitto Kohki to unify its corporate structure in the U.S., with no change to its structure, location, contacts, pump models, part numbers or pricing.
Anchor Fluid Power, a supplier of flange and inline valve components, acquired Maxbar Inc., the largest US distributor of Walther-Präzision quick connect couplings, based in Houston, Texas. Maxbar will continue operating at its existing Houston facility.
MCI (Motor Controls Inc) purchased the Flowtronex and Water Equipment Technologies (WET) product brands from Xylem Inc., as reported on 1 November 2017.
Sferaco, a subsidiary of Thermador Groupe, has opened negotiations to buy 100% of Groupe Valfit, a Bussy Saint-Georges company that sells connectors, meters and valves to wholesalers, with a deal targeted by end of January 2018. Valfit reported 2016 turnover of EUR 5.9 million. No price was disclosed.
Malvern, Pennsylvania-based JA Moody's parent company has completed its acquisition of Pima Valve, a Chandler, Arizona maker of bronze marine valves. The deal adds design and manufacturing to JA Moody's distribution business.
Anderson Process, a Midwest process equipment supplier, acquired American Controls Inc., a pump distributor and service provider in Michigan and Northern Ohio, announced October 23, 2017.
Pelican Energy Partners sold downhole sand protection tool provider Multilift, based in Houston, Texas, to Forum Energy Technologies.
Halliburton bought electric submersible pump technology and services provider Summit ESP of Tulsa, Oklahoma, which has more than 500 employees.
Japan's Nidec Corp acquired a 100% ownership interest in LGB Elettropompe Srl, an Italian commercial pump and motor manufacturer, reported in World Pumps' Q3 2017 review.
Herose Group and Mack Valves concluded discussions to create a joint venture company combining their industrial and cryogenic gas valves businesses. The agreement was revealed on 10 October 2017.
Circor International agreed to buy Colfax's fluid handling pump business, which includes the Allweiler site in Radolfzell, Germany, for $855 million, of which $542 million is cash and the rest Circor shares. Colfax will hold 16% of Circor after closing, expected in Q4 2017.
WIKA acquired SAMI Instruments, an Italian supplier of needle valves and manifolds for instrumentation, at the end of October 2017.
Chromatic Industries, LLC acquired certain assets and the principal business of Quality Oil Tools, LLC, a maker of oilfield pressure control equipment, in Jennings, Louisiana, and will operate it as a subsidiary.
A merger control filing dated 29 September 2017 concerns SSCP Thermal Bidco's acquisition of shares and control of Vernet SAS and Magnum Corporation, makers of pressure regulating and relief valves, thermostatic cartridges and automotive spare parts.
Emerson completed its acquisition of the Valves & Controls business from Pentair plc for $3.15 billion; the Swiss-headquartered unit in Schaffhausen has about 7,500 employees and will join Emerson Automation Solutions.
CIRCOR International signed a definitive agreement to acquire Colfax Fluid Handling from Colfax Corporation for about $855 million, including $542 million cash, new CIRCOR shares and assumed pension liabilities. Colfax will hold about 16% of CIRCOR after closing.
Polar Service Centers acquired the Linden, New Jersey distribution division of Girard Equipment, which distributes aftermarket tank truck parts, pumps, hoses and refinery equipment. The deal value was not disclosed.
Trask-Decrow Machinery transferred its plant air compressor business to Ingersoll-Rand, its long-time distributor partner. Both companies will share the same location in Scarborough, Maine, while Trask-Decrow keeps its industrial pump and portable equipment business.
Aliaxis Group sold SED Flow Control GmbH, a valve maker based in Bad Rappenau, Germany with 100 employees, to Samson AG. EC M&A advised Aliaxis on the deal, and no value was disclosed.
Dragon PES announced the acquisition of a 117,880 sq ft, 19-acre former National Oilwell Varco facility north of San Angelo, Texas, to build API production tanks and pumps for the Permian Basin, with full tank production expected by December 1.
Atlas Copco acquired C.H. Spencer & Company, a US distributor of industrial pumps and compressors serving Nevada, Wyoming and Idaho. About 40 employees join Atlas Copco and the price was not disclosed.
Ross Controls announced the acquisition of the industrial division of Automatic Valve Corp., a pneumatic valve maker in Novi, Michigan. The purchase price was not disclosed and Automatic Valve's nuclear division was excluded.
Atlantic Valve Services, formed by Control Associates and Proconex, acquired the former Pentair Service Operations and Factory Repair center in Bridgeport, New Jersey. The 22,500 square foot facility will remain in use for valve service and inventory.
Japan's Nikkiso closed its acquisition of California-based Cryogenic Industries Inc and Cryogenic Industries AG of Basel, makers of cryogenic centrifugal and reciprocating pumps and equipment for industrial gas and LNG markets. The deal value was not disclosed.