Zhejiang Haihong Hydraulic Technology, a hydraulic valve maker and supplier to XCMG, Anchai and Hangcha, filed a prospectus for a ChiNext IPO to raise CNY 600 million, of which CNY 550 million is for capacity expansion.

Maadaniyah signed an agreement with Gulf Triple Contracting Company for a new valves factory in Saudi Arabia. The article gives no value.

Sulzer has been awarded contracts to supply 50 pumps, including boiler feed water pumps, for the NEOM Green Hydrogen Project in Saudi Arabia, which will produce about 220,000 tonnes per year of green ammonia.

Maadaniyah signed a SR34 million ($9.1 million) contract with Gulf Triple Contracting Company to build a new valves factory at King Salman Energy Park, with work starting in August 2023 and completion due mid-2024.

On 3 July 2023 Danish pump maker Grundfos acquired UK-based telemetry and analytics firm Metasphere from private equity investor XPV Water Partners. Financial terms were not disclosed; Bluefield estimates US$60-70 million.

Zhejiang Tehong Fluid Control, a wholly owned subsidiary of Tehong Valve, signed to locate a high-performance smart control valve and intelligent components production base in Wenzhou Hai Jing district, with total investment of RMB 242 million and annual output expected above RMB 300 million.

Flowserve signed a definitive agreement to buy the Valves Division of Trillium Flow Technologies for $490 million in cash, serving nuclear and traditional power markets; closing is expected mid-2026.

Arcline Investment Management proposed a take-private acquisition of Burlington, Massachusetts-based CIRCOR International at $57 per share, above KKR's $51 per share offer. The proposal was announced on June 28, 2023.

Hansgrohe Group opened a new faucet factory in Valjevo, Serbia, on June 27, 2023, built over about a year and a half at a cost of around 85 million euros. The plant will mainly produce hansgrohe-branded products for the European market.

Bosch Rexroth opened a 42,000 sq m plant in Queretaro, Mexico, investing about EUR 160 million to make hydraulic pumps, motors and valves for mobile machinery and linear motion products, creating about 900 jobs by 2027.

KSB announced the acquisition of Bharat Pumps and Compressors' technology, becoming sole owner of the products' technology and taking over spare parts and service for about 5000 BP&CL products in India.

Flowplant Group, a provider of high-pressure jetting and pumping solutions in Salisbury, UK, was acquired in a management buyout completed on June 23, 2023, through the newly formed SSPM Holdings Limited led by Steve Smith.

Xifulong Valve Group won a tender for 48 ball valve actuators (DN50-DN600) for the pipeline transport company of Shaanxi Yanchang Petroleum Group, with a winning bid of 6,674,126 yuan, awarded June 20, 2023.

FirstElement Fuel will expand its hydrogen refueling station module manufacturing line and high-pressure cryogenic hydrogen pump capacity at 660 E. Dyer in Santa Ana, California, creating 38 jobs. A testing stand will also be installed in Livermore, California.

Continuim Equity Partners, with Ronald Mumbray, has acquired Fluid Sealing International and Anchor Seals, forming Anchor Holding Group, a Coraopolis, Pennsylvania maker of seals, gaskets and pumps. It is the first of Continuim's planned fluid control acquisitions.

Tundra Process Solutions, a wholly-owned subsidiary of Wajax Corporation, has acquired Powell Valve, the valve business division of Powell Canada Inc. Powell Valve has 38 employees and three facilities, which will expand Tundra's valve servicing capabilities and geographic reach.

Russian refrigeration components maker Frigopoint commissioned a billet heating furnace and two 315-ton impact presses for hot forging large ball valves at its Belgorod plant, with a line output of 1000 parts per shift.

EBARA Corporation built a fully automated 18,450 square metre factory in Fujisawa near Tokyo to produce dry vacuum pumps for semiconductor, flat screen, LED and solar cell manufacturing. The plant is designed to produce more than 20,000 units a year.

Rheinmetall won an order for hundreds of thousands of CWA2000 high-voltage electric coolant pumps from a major international automaker, worth a two-digit million-euro figure. Production starts in 2026 with deliveries over six years.

Anhui Tenglong Pump & Valve Manufacturing began construction of a new plant in Jing County, Anhui, to produce 10,000 ultra-pure pumps and pipes and 20,000 injection pumps per year. The project has a total investment of 120 million yuan and is expected to employ over 200 people.

Graycliff Partners provided subordinated debt financing for Rox Capital's acquisition of Neil Technical Services and its merger with Scruggs Company in Texas, creating a regional pump, motor and valve service provider in Houston.

Sulzer Pump Solutions Inc. announced a $5.3 million investment to expand its Easley, South Carolina manufacturing operations at 155 Ahlstrom Way to support new product lines, creating 25 new jobs.

Motion & Control Enterprises (MCE) acquired Power & Pumps, Inc., a Jacksonville, Florida distributor of pumps, drives, blowers and power transmission products serving Florida and Georgia.

Brazilian ethanol producer Raízen selected Sulzer as a key technology supplier for its planned 20 second-generation (E2G) bagasse-to-ethanol facilities over the next seven years. Sulzer has supplied pumps for E2G pilot plants for over twenty years.

NETZSCH (Lanzhou) Pump Co. held a groundbreaking on June 5, 2023 for a relocated, expanded pump plant on a 139-mu site in Lanzhou High-tech Zone, with total investment of 300 million yuan and annual capacity of 50,000 pumps. Phase one is due for completion at the end of 2024 with production in 2025.

KKR agreed to acquire pump and valve maker Circor in a deal worth $1.6 billion including debt, announced June 5, 2023.

Sichuan Binda Valve won the valve procurement contract for Hubei Energy's 2x1000MW supercritical coal-fired EPC project in Yicheng, Xiangyang, and supplied desuperheating-reducer valve units that supported the project's commissioning. The report is dated June 2023.

Asahi/America opened its newly constructed 59,000-square-foot fabrication facility in Paulina, Louisiana, for large-scale thermoplastic pre-fabrication. The facility operates as Asahi/America - PPI and was celebrated with a grand opening on June 1, 2023.

CNP's Russian subsidiary SiNaPi Rus plans to launch production of industrial booster and fire-fighting pump stations at the Esipovo industrial park in Solnechnogorsk, Moscow Oblast, with an investment of about 100 million rubles and around 20 jobs, with launch planned for Q3 2023.

Sulzer Pumps Solutions, a subsidiary of Swiss Sulzer Ltd, will invest $5.3 million to expand its manufacturing operations at its Easley plant on Ahlstrom Way in Pickens County, South Carolina, to add new product lines and create 25 jobs.

AD, a buying group for independent distributors, announced an intent to merge with The Baron Group, a buying group serving groundwater, well and pump distributors, with closing expected June 30, 2023. The combined members have almost 100 locations across the US and Canada.

Reach Integrated Sdn Bhd won a contract from SEA Hibiscus to supply, test, deliver, install and commission 10 motor operated valves with Rotork actuators and MIR Valve ball valves for the SF30 Water Flood Phase 2 project in the North Sabah PSC offshore oil field.

Statsbygg awarded Framo a development contract to supply 96 pumps creating ocean currents in the Norwegian Ocean Technology Centre basin under construction in Trondheim, with total capacity of 225 cubic meters per second.

Triosim Corporation signed a purchase agreement for the assets of Somarakis, Inc., including inventory and intellectual property, making it the authorized Somarakis pump repair provider. Triosim will build new Somarakis-model vacuum pumps at its facilities in Leland NC, Clinton LA, Middletown OH and Montgomery AL.

Xylem said it would acquire the Cornell Pump and Roper Pump businesses from Indicor for $1.46 billion, expanding its industrial and municipal pumping operations.

Concentric AB, a Swedish flow-control and fluid-power company, won an order worth MSEK 201 to supply a fully integrated high-voltage cooling solution to a leading North American zero-emission truck manufacturer, to be delivered over two years.

Momentum Group signed an agreement on 22 May 2023 to acquire 93.7 percent of Askalon AB from the founding Warnqvist family, at an enterprise value of SEK 240 million for 100 percent. Closing is expected in early June 2023.

Egypt's Trade and Industry Minister inaugurated the first phase of a water pump factory built by Xylem, worth EGP 300 million ($9.7 million), on 22 May 2023. The plant will serve Egypt and export half its output to the Middle East and Africa.

Chongqing Water Pump Factory invited bids for project management and supervision of its large reciprocating diaphragm pump expansion in Shapingba, Chongqing. The total project investment is about CNY 76.8 million, including about CNY 41.7 million for new equipment.

GazEnergoKomplekt is building an oil, gas and energy equipment plant in Glinishchevo, Bryansk district, Russia, with an investment of 2.1 billion rubles. The plant is expected to employ 600 people by 2025 and will make tanks, pressure regulators and shut-off valves.

Ambienta's water pump platform Wateralia acquired Italian pump distributors Linea Ricambi and Bergomi Trading, combined as Caprari Trading. The two companies serve more than 850 clients and add aftersales and distribution capacity to Wateralia.

Hawle Austria Group has acquired the valve manufacturing division of McWane India, strengthening its position in India. Hawle will keep operations running and retain the employees.

Aberdeen-based Interventek agreed to supply 20,000 psi open-water well intervention shear and seal valves to Houston-based Trendsetter Engineering, which gains exclusive global rights to deploy them. The announcement was dated 10 May 2023.

Danfoss has launched its Oil-Free Check valve for Turbocor oil-free compressors, combining shutoff and check functions with low pressure drop for chillers and heat pumps.

Interventek agreed to supply a complete set of 20,000psi open-water shear and seal valves to Trendsetter Engineering under a mid-seven-figure first order, with first delivery later in 2023.

Sinopec International Co. issued a public tender for a 2023 framework agreement covering domestic reciprocating compressor valves for Sinopec Shanghai Petrochemical, with a bid deadline of May 16, 2023. The item quantity listed is 100 units of reciprocating compressor parts. The notice is a first change to the original tender.

Silgan Dispensing announced the expansion of production of its MELODIE fragrance pump to its existing Wuxi facility in China to meet rising demand in the Chinese and Asia-Pacific markets. The announcement is dated May 8, 2023.

Crane Engineering, a Wisconsin fluid technology distributor, acquired Professional Pump, Inc., a Belleville, Michigan distributor of pumps and fluid process equipment. The deal extends Crane's service footprint into Michigan and Northwest Ohio. Existing management will remain.

DXP Enterprises announced it completed the acquisitions of Riordan Materials Corporation and Florida Valve & Equipment/Environmental MD, both water-market suppliers, funded with cash. Riordan serves Mid-Atlantic and Northeast states and Florida Valve serves Florida municipal water markets. The definitive agreements were signed May 1, 2023.

Scana ASA, through subsidiary Scana Valve Control, agreed to transfer its 49% stake in the Korean joint venture Scana Korea Hydraulic to SKH for about NOK 40 million, with closing expected in Q2 2023, alongside a new strategic cooperation agreement with Skarpenord.