WIVO Valves announced a large-scale expansion of its production line in Qingdao, adding CNC machines, automated assembly lines and several thousand square meters of workshops. The company expects annual output to rise by over 30%. The announcement is dated May 13, 2024.
Deleum Bhd's subsidiary signed a share purchase agreement to acquire a 70% stake in PT OSA Industries Indonesia, a valve distributor and Baker Hughes valve channel partner, for US$7 million.
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.
Flowserve received two major project awards from EPC contractors for original equipment pumps on two Middle East projects, collectively worth more than US$150 million.
ITT Inc is investing approximately US$11 million to expand pump, motor and control testing capacity at three Industrial Process sites in Obernkirchen (Germany), Vadodara (India) and Dammam (Saudi Arabia).
Sichuan Flyger's valve plant in Ziyang High-Tech Zone has topped out, with completion expected by end of May 2024 and full handover in June; initial investment is 60 million yuan and output is expected to reach 80 million yuan this year.
KSB will invest €60 million over five years to modernise and expand its Eta pump production facility at its Frankenthal headquarters, with the work to be completed by 2029. The investment will proceed without requested government subsidies.
UDOR S.p.A. has become majority shareholder of British high-pressure pump maker Hughes Pumps Ltd. The deal adds Hughes products to UDOR's pump range covering 1 to 500 HP and 20 to 2800 bar.
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.
Eskom, South Africa's state utility, published an award for the supply and delivery of twelve safety class valves for 12004 hardened water connection points at the Koeberg Nuclear Power Station, with a contract value of R146 million.
GEM Group and Xi'an Pump & Valve Plant signed a strategic cooperation framework MOU for pumps and valves at QMB Indonesia, with the Chinese partner setting up an R&D team to localize wet melting process facilities.
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.
EFAFLU was awarded an order to supply an NFPA 20 and FM certified fire-fighting system with a split chamber pump for Safran Aerosystems' site in Caudebec-les-Elbeuf, France.
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.
AFA Fluid Control completed the concrete pour and topping out of its phase three project, a 35 million yuan facility for 1,000 large-diameter hard-seal ball valves per year, on April 30, 2024. The project started on March 8, 2024.
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.
Interpump Fluid Solutions UK acquired the entire share capital of Alltube Engineering Ltd for 2.3 million euro, as part of its 2024 UK expansion strategy.
Maag Group and Witte will present the first joint product, the Chem-X gear pump, at Achema in Frankfurt from June 10 to 14, 2024.
Oliver Valves secured a £890,000 order to supply 240 custom Double Block and Bleed valves in Alloy 625 for Modular Wellsite Packages, to be shipped over the following weeks.
Poclain opened a new factory in Spilamberto, Italy, as a center of excellence for axial piston pumps. The 7,500 square metre site adds 40% more machining and assembly capacity and supplies pump sister plants in North America and China.
Pacific Industrial will build a new plant on the site of its Kita-Ogaki factory in Kanzaki area of Gifu Prefecture to make valves for electric vehicles, with about 14,900 square metres of floor space and operations planned from March 2025.
Navantia's corporate steering committee in Cádiz, Spain, awarded Gauzon Iberica a valve supply contract worth €123,000 excluding VAT, with a single bid received. The contract runs for two years.
Wilo UK acquired Arfon Rewinds Limited, trading as Arfon Engineering Services, to extend its pump installation, repair and maintenance capability in water management. The deal is listed in World Pumps' Q1 2024 M&A review.
ITT completed its acquisition of Svanehoj Group A/S, a Danish supplier of customized critical liquid and cryogenic pumps for the marine sector. The deal is listed in World Pumps' Q1 2024 M&A review.
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.
Nidec GPM Merbelsrod is investing 14 million euros in a new plant in Merbelsrod, southern Thuringia, and is hiring new staff. The plant is being built in record time.
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.
Brennan Industries, a maker of hydraulic, pneumatic and instrumentation fittings, announced a strategic partnership with UCT Fluid Solutions covering the Ham-Let portfolio of gas instrumentation fittings and valves.
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.
NETZSCH Pumpen & Systeme opened a new NOTOS multi screw pump plant in Pomerode, Brazil, to supply global markets. The site also expands production of its other pump lines and macerator systems at the existing Pomerode site.
Baker Hughes received an order from Black & Veatch to supply turbomachinery for the Cedar LNG project in British Columbia, including four electric-driven refrigeration compressors, two boil-off gas compressors and six centrifugal pumps. The award was booked in Q1 2024.
Atlas Copco signed a deal to acquire the vacuum-related assets and brand of Mexican firm MEISA, which supplies vacuum pumps and services to industrial customers from Queretaro and Monterrey.
Strahman United Process Valves of France and JoshiJampala Engineering Group signed a memorandum of understanding to collaborate on engineered process valves, industrial valves and dampers for oil and gas, petrochemical, power and steel customers.
Laurentide Controls, Eastern Canada's largest industrial process automation supplier, acquired Liquiteck, a pump distributor and repair firm with facilities in Valleyfield and Val d'Or, Quebec. Liquiteck will keep its name and facilities.
ACI Groupe announced the acquisition of JTEKT's hydroelectric pump business in Europe, including the Blois production site and the Chennevières-sur-Marne technical centre. The business will be renamed ENERFLUX and integrated into ACI's Engineering to Product unit.
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.
Ingersoll Rand Inc acquired Del PD Pumps & Gear Pvt Ltd, an India-based maker of rotary, twin and triple gear pumps, in Q2 2024.
Triton portfolio company Techouse Group signed an agreement to acquire pump and genset supplier Eureka Group from Remold Invest and Aker Capital in Q2 2024.
De.mem Ltd signed a binding agreement to acquire the Border Pumpworks business, based in Wodonga, Victoria, Australia, in Q2 2024.
OTC Industrial Technologies, a US industrial equipment service provider and distributor, acquired Allied Sales & Service, a supplier of pumps and mechanical seals, in Q2 2024.
Interpump Group, via subsidiary Inoxpa SAU, acquired a 60% equity interest in Process Partners China Co Ltd and raised its stake in YRP (Shanghai) Flow Technology to 60%.
KITZ Group's Brazilian subsidiary Metalúrgica Golden Art's (MGA) celebrated completion of a new 6,189 sq m plant, within a 28,000 sq m site, to raise industrial ball valve production capacity by 30% for the Brazilian market.
INDUS Holding's HORNGROUP subsidiary Pneumatic Components agreed to buy 100% of COLSON X-Cel, a Rotherham, UK maker of industrial valves for measurement and control, which has about 40 employees.
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.
INDUS Holding AG's portfolio company HORNGROUP, via Pneumatic Components Ltd, is buying 100% of COLSON X-Cel Ltd, a Rotherham-based maker of industrial measurement and control valves with about 40 employees and sales of around EUR 7 million.
Bermo Válvulas e Equipamentos Industriais, a Brazilian unit of Germany's Ari-Armaturen group, announced a new factory of about 10,500 square metres in the Fidélis district of Blumenau that will triple production capacity, with start of operation planned for 2026 and at least 100 jobs.
Cavagna Group of Italy and Kohda Valve of Japan formed a joint venture focused on flow control products for specialty and high purity gases. The products will be marketed as Cavagna Kohda, with further details yet to be released.
ITT Inc. announced an approximately $11 million investment to expand pump, motor and control systems testing at three Industrial Process sites in Obernkirchen, Germany, Vadodara, India and Dammam, Saudi Arabia, with completion expected in Q3 2024.