AxFlow acquired Gram Vakuum Teknik to expand its service and repair offering for vacuum pumps and compressors in Denmark. Lund Elmer Sandager advised AxFlow on the deal.
BEL Valves, based in Newcastle upon Tyne, received orders worth five million pounds to supply over 200 hydraulically actuated break and HIPPS valves for an unconventional gas processing project for a Saudi Arabian customer.
Score Europe and Valero Logistics UK agreed a five-year service level agreement for Score to maintain, repair and upgrade Rotork actuators and valves at Valero sites in Avonmouth, Cardiff, Plymouth, Manchester and Kingsbury.
KSB Limited received an order from NPCIL for 8 reactor coolant pumps worth Rs 5013 million for the Kaiga 5 and 6 reactors in India, reported alongside its Q3 2022 sales growth of 17%.
South African valve and pump maker Paltech signed a distribution partnership with Schneider Electric, effective 1 May 2023, making it the sole OEM official distributor of Schneider automation instrumentation in Sub-Saharan Africa.
Litens acquired a controlling interest in Industrias Dolz S.A., a Spanish maker of automotive water pumps with plants in Spain, China and Argentina. Dolz will keep operating as a separate business under CEO Jesus Dolz.
APO Pumps & Compressors, an Ohio compressed air and pump sales and service firm, acquired PAPSCO, an Ohio-based distributor of filtration and separation equipment for process fluids and water treatment. The deal was advised by Copper Run.
Litens Automotive Group acquired Industrias Dolz S.A., a Spanish manufacturer and distributor of automotive water pumps and powertrain products. Dolz will continue to operate as a separate business led by CEO Jesus Dolz.
GEA began construction of a 85,000 square foot repair, logistics, assembly, production and training facility in Janesville, Wisconsin. The investment is about USD 20 million, over 70 jobs are expected, and opening is scheduled for late 2023.
Dresser Utility Solutions, a maker of metering, instrumentation and flow control products, has acquired the assets of Total Piping Solutions in Olean. The article is truncated and gives no deal value.
Marotta Controls has upgraded its motor operated pilot valve used in aqueous film-forming foam systems on naval surface ships. The valve now has a 250 PSI pressure rating, meets current Navy requirements and is in production.
IMI Saudi Industry, a subsidiary of IMI Critical Engineering, opened a 5,000 sq m valve factory in Dammam in November 2022. The plant makes butterfly and ball valves for oil and gas, petrochemical, power, water and hydrogen markets, with choke and control valves planned for 2023.
Colloide Engineering Systems placed what Watson-Marlow Fluid Technology Solutions calls its largest ever order of Qdos ReNu chemical metering pumps, 240 units, plus 40 630-series process pumps, for 115 chemical dosing skids. The skids support Severn Trent Water's phosphorus removal upgrades under AMP7.
Motion & Control Enterprises (MCE) acquired Nightwine Valves & Actuation, a Cleveland, Ohio distributor of flow control products such as valves, actuators and regulators serving Ohio, Pennsylvania and Kentucky. The deal was announced on November 1, 2022.
Metso Outotec has opened a new pump assembly plant in Lima, Peru, to serve growing demand for large mining pumps in South America with shorter lead times. The plant is customized for production of large MD Series pumps.
Lancaster-based private equity firm Peak Capital acquired Penn Pump & Equipment, a Hatfield manufacturer and distributor of plumbing and HVAC pumping products, as reported on October 31, 2022.
Jiangsu Suyan Valve Group is investing and building the Jiangsu Maike Special Valve Technology project with a planned total of 1 billion yuan, covering 50,000 square meters of plant space and capacity of 300,000 special valves a year; construction began in April 2022 and trial operation started in October 2022.
Triumph Group's Actuation Products & Services business was awarded a Lockheed Martin agreement to manufacture the brake valve assembly for the F-16 Fighting Falcon, to be produced at its Valencia, California facility, announced 27 October 2022.
Ingersoll Rand agreed to acquire India-based Everest Group and France-based Airmax Groupe for a combined all-cash upfront price of approximately $86 million, plus possible earn-out consideration.
HVA expanded its factory with additional staff, a new warehouse and new machinery including a Mazak milling line, almost doubling its milling capacity. The article is undated and the date shown is the article date.
BEL Valves, part of British Engines, received orders worth five million pounds from contractors for over 200 hydraulically actuated break valves and HIPPS valves for a Saudi Arabian unconventional gas project. The valves will be made at its Newcastle upon Tyne site.
R&G Fluid Power Group has acquired Fluid Power Services Ltd (FPS), a UK fluid power services business with sites in Liverpool, Bolton and Warrington. The price was not disclosed.
Promet Valves Australia was awarded a government contract to supply valve assemblies to the Australian Department of Defence, valued at about 16,975 dollars, awarded on 20 October 2022.
Arcus Infrastructure Partners has acquired Workdry International, a UK provider of water pumps and industrial wastewater treatment equipment and services. Lincoln International advised on the deal.
IMI Critical Engineering officially opened a new 16,000 m2 factory in Sardinia on 18 October 2022 to manufacture valves and hydraulic actuating systems for petrochemical applications along with IMI VIVO electrolysers; the 45,000 m2 site employs over 200 people.
KSB Indonesia inaugurated an expansion of its Cibitung, West Java plant, growing floor space from 3,620 to 9,620 square metres with a €3.9 million (about Rp 60 billion) investment, targeting up to 505 new jobs.
Valmet signed an agreement to supply 800 Neles NDX valve controllers and 500 Neles B1 actuators to modernize valves at Mercer Stendal's pulp mill in Arneburg, Germany, with delivery finishing by end of 2023.
Amarinth, working with agent ISG, won a $500K order from KPO for six winterised API 610 OH2 pumps for water and caustic fluid transfer at the Karachaganak gas condensate field in Kazakhstan, with 40-week delivery.
Investment company Pindustry entered a partnership with Valveco, a maritime and offshore valve supplier based in Barendrecht, effective 10 October 2022, with CFI acting as exclusive corporate finance advisor.
Flowserve has been awarded a contract to supply vertical turbine pumps to McMillen Jacobs Associates for the West Kauai Energy Project, a renewable energy and irrigation project on Kauai, Hawaii.
Fluid Controls and Components has been awarded a $4.6 million contract from Bechtel to design and fabricate cryogenic and pressure relief valves for Mobile Launcher 2 in NASA's Artemis program.
Shige Fluid Control (Shanghai), a subsidiary of Emerson Electric, has put a new magnetic switch production line into operation in Songjiang, Shanghai, localising production of core components; the line had trial production from July 2022.
Lehry Instrumentation and Valves has established a ₹30-crore non-ferrous production facility at Gummudipoondi Industrial Estate near Chennai to make lead-free brass valves, employing 100 people.
Cameron Internacional was the only bidder for valve supply for lots 1-4 (110 valves) of Argentina's Vaca Muerta gas pipeline, with a bid of US$10.5 million, and the evaluation committee recommended awarding it the work. State firm Energía Argentina also recommended 30 valves to Válvulas Worcester de Argentina. The report was published on October 5, 2022.
FloWorks International LLC, a specialty flow control distribution platform backed by Clearlake Capital, acquired Flotech, Inc., a distributor and servicer of industrial valves with locations in Florida, South Carolina and Alabama. The deal was reported on October 5, 2022.
Ampo Poyam Valves held the opening ceremony of its new valve manufacturing and servicing plant, AMPO Arabia, in Dammam 2nd Industrial City, Saudi Arabia. The plant extends its main valve factory in Spain and aims to serve local projects closer to customers.
KSB will supply MegaCPK chemical pumps and SISTO-RSK check valves for a 24 MW green hydrogen electrolysis plant under construction in Porsgrunn, Norway, for a German engineering contractor, with delivery by the end of 2022.
Japan's EBARA Corporation acquired 100% of Hayward Gordon L.P., a Toronto-based maker of heavy-duty process pumps and mixers, expanding EBARA's North American presence. The deal value was not disclosed.
Atlas Copco has agreed to acquire the assets of Shandong Jinggong Pump Co., a Zibo, Shandong maker of liquid ring vacuum pumps with about 100 employees and 2021 revenue of about $12 million, with closing expected in Q4 2022.
Crane inaugurated its new 10,000 square meter Engineered Check Valves factory in Satara, Maharashtra, India, which directly employs about 100 people and serves chemical, oil and gas, petrochemical and energy customers.
Grundfos held the opening ceremony for a €20 million water pump plant in Inđija, Serbia, with 17,600 square meters of space, all production aimed at export, and headcount rising from 800 to about 1,050.
Hubei Taihe Petrochemical Equipment broke ground on a smart manufacturing plant for ultra-low temperature valves on 90.36 mu of land in Zigui, Hubei, with planned investment of 286 million yuan and completion expected in October 2023.
Holland Pump Company completed the acquisitions of Sander Power Equipment in Trevose, PA and Pump & Power Equipment Corp. in Jessup, MD, adding three branches for pump rental and dewatering services in the Mid-Atlantic region.
R.W. Mercer Co. and Pump & Meter Service, Inc. signed an agreement to become wholly-owned subsidiaries of a new holding company owned by their shareholders Kurt Radermacher and Andy Mercer. The companies will keep operating independently, with closing expected in Q4 2022. Both serve the petroleum and construction industries.
KSB Group will supply MegaCPK chemical pumps and SISTO-RSK swing check valves for a 24 MW green hydrogen electrolysis plant under construction in Porsgrunn, Norway, built by a German engineering contractor from Dresden.
Saipem awarded Baker Hughes an EPC subcontract for over 250 Consolidated Pressure Relief Valves, including API 10/15k valves, for the P-79 FPSO being built for Petrobras in the Búzios field, delivery scheduled for 2025.
Swedish distributor Ahlsell AB signed an agreement to acquire Norway's Intec Pumper AS, which has annual sales of NOK200 million and offers pumping solutions for water and wastewater. The deal is subject to approval by the Norwegian Competition Authority.
Amarinth, through its regional agent ISG, won a $500,000 order from Karachaganak Petroleum Operating (KPO) for six API 610 OH2 pumps for water and caustic fluid transfer at the Karachaganak gas condensate field in Kazakhstan. Delivery is required within 40 weeks.
Boeing selected Parker Aerospace to supply its AP15V engine-driven pump for the B-52H Stratofortress hydraulic system, supporting the Air Force's Commercial Engine Replacement Program. The pump is expected to power the aircraft's hydraulic system through the 2050s.
KSB Limited received an order from NPCIL to supply eight primary coolant pumps with electric motors and spares for Kaiga Atomic Power Project 5 and 6 at Karwar, Karnataka, estimated at Rs 500 crore.