Franklin Electric agreed to acquire Challenge Pumps Holdings, a Perth-based maker of underground mine dewatering pumps, for about US$181 million in cash plus up to US$14 million contingent consideration.
Ebara, through its Brazilian subsidiary Ebara Bombas America Do Sul, bought 80% of Asanvil S.A., a Uruguayan pump sales, assembly and after-sales service company, giving Ebara a new sales base in Uruguay.
Interpump Hydraulics Brasil announced it acquired control of Hidrover Equipamentos Hidráulicos of Flores da Cunha, Rio Grande do Sul, a maker of hydraulic cylinders for construction and agricultural markets. The current partners will keep managing the company.
French firefighting equipment maker Leader Group announced a merger with C.E.T. Group, a Pierreville, Quebec manufacturer of portable fire pumps and foam systems. The deal, announced 30 October 2024, strengthens Leader's international position.
Metso is acquiring Jindex Pty Ltd, a privately owned Australian maker of valves and process flow control equipment, to strengthen its slurry handling offering for the mining industry.
Japan's Tsurumi Manufacturing has acquired the entire share capital of Zenit International SpA, holding company of Italian wastewater treatment plant producer Zenit Group, based in San Cesario sul Panaro near Modena. Zenit had a 2023 consolidated turnover of over EUR 40 million.
Workdry International, parent of Selwood, Siltbuster and Vanderkamp, has acquired Florida-based Holland Pump Company, a water handling and pump rental provider, to expand into North America. The deal gives Workdry a presence on the US East and Gulf Coasts.
Wincove Private Holdings and its portfolio company PURGO Holdings acquired valve and actuator maker Valve Solutions, LLC of Alpharetta, Georgia, in an add-on deal initiated by White Oak Partners.
UK water management provider Dutypoint has acquired Flowtech Water Solutions, a designer and manufacturer of water booster sets. The deal strengthens Dutypoint's water solutions offering in the UK market.
Flowserve has completed its acquisition of MOGAS Industries, adding severe service valves and aftermarket services to its Flow Control Division. The purchase price was approximately $305 million including the potential earnout.
General Pump Company, a Southern California pump and water well services provider, is merging with Water Well Solutions of Wisconsin and Illinois. The deal was led by Sylmar Group, and both companies will keep their brands and locations.
WTR Group has bought Pumpteknik AB, a Gothenburg-based supplier of pumps, blowers, vacuum units, compressors and LPS pump stations. All staff, including the owner and CEO Stefan Ström, will stay on.
EPS Group has acquired Flowmech, a Leicester-based manufacturer and distributor of water, wastewater and pumping products including booster sets and pressurisation units. The purchase price was not disclosed.
Atlas Copco Group has acquired Kinder-Janes Engineers Ltd, an industrial pump distributor headquartered in St. Albans, UK, which has 20 employees and 2023 revenues of about GBP 12.5 million. The purchase price was not disclosed.
Ingersoll Rand completed its acquisition of UT Pumps & Systems Pvt. Ltd on October 1, 2024, for $11.7 million. UT Pumps joins the Precision and Science Technologies segment; the company also bought Blutek and APSCO in a combined deal of about $135 million.
Vestum has agreed to sell 100% of Flowa Technology AB to private equity investor Nordic Capital for SEK 6.5 billion cash on a cash- and debt-free basis. Completion is expected in the second half of 2026, subject to approvals.
Verder Liquids BV, part of Verder Group, has acquired Sauermann's pump technologies and monitoring instruments, including HVAC-R condensate removal pumps and air quality instruments.
Ireland-based Schivo has acquired ParMed, a fluid handling firm in Berlin, Connecticut, that makes intelligent electronic rotary valves, layered manifolds and pumps. ParMed will operate within Schivo's Life and Analytical Sciences segment. The announcement was made on September 24, 2024.
Verder announced the acquisition of Sauermann, a HVACR market provider of condensate pumps and air quality measurement instruments. Sauermann's CEO Serge Bohyn commented on the deal; no value was stated.
FLSmidth signed an agreement to acquire TIPCO Tudeshki Industrial Process Control GmbH of Aachen, Germany, adding particle-size sensor technology to its mining PCV solutions. Terms were not disclosed.
Verder announced the acquisition of Sauermann, a supplier of HVAC-R technologies including condensate removal pumps, to expand its pump and equipment portfolio.
Houston-based DXP Enterprises has acquired Hartwell Environmental Corporation, a manufacturer's representative of pumps, controls and process equipment for the water and wastewater industry, adding three locations in Texas and Oklahoma. Hartwell had sales of $18.4 million over the 12 months to July 31, 2024.
Ferndale, Michigan-based ROSS Controls has acquired Master Pneumatic, maker of filter, regulator and lubricator pneumatic air preparation products in Sterling Heights, Michigan. The announcement is dated September 3, 2024.
ESPA Group, based in Banyoles, Spain, bought pump and pressure-set distributor Baico Pumps SL to expand its international reach and product range. Baico had annual sales of about EUR 4 million and exports to 18 countries.
SCF Partners acquired severe-service valve makers DeltaValve and TapcoEnpro from CIRCOR International, announced August 30, 2024. DeltaValve is based in Salt Lake City and TapcoEnpro's primary location is in Houston, Texas.
Tapflo UK, a process pump provider in Hampshire, announced the acquisition of TS Pumps, a UK company that supplies, services and repairs industrial pumps and systems. The deal expands Tapflo UK's application coverage and servicing.
A.P. Moller Holding's subsidiary Circle Bidco ApS announced a recommended public cash offer of SEK 230 per share to acquire Concentric AB, a Nasdaq Stockholm-listed maker of pump, fan and fluid power solutions for commercial vehicles.
Hawk Infinity AS acquired 100% of the shares in Nordic Flow AS, a Norwegian turnkey pump systems specialist serving offshore and high-end industries. Nordic Flow founders sold the company, and EY advised on the sale.
BST Group has acquired Ramco Pumpesystemer, an Oslo-based Norwegian provider of premium sprinkler and fire pump systems, as part of its Nordic expansion. No financial terms were disclosed.
ARI-Armaturen Albert Richter acquired Warren Controls, a control valve company based in Bethlehem, Pennsylvania, to expand its US presence.
Kitz Corporation decided to absorb its wholly owned subsidiary Toyo Valve Co. through an absorption merger, with the merger effective January 1, 2025, announced August 20, 2024.
Atlas Copco acquired Integrated Pump Rental, a South African rental provider of dewatering solutions headquartered in Johannesburg with 18 employees.
Flowserve signed a definitive agreement to acquire privately held MOGAS Industries, a Houston-based maker of severe service valves, for $290 million plus a potential $15 million earnout. Closing is expected in Q4 2024.
Winters Instruments has acquired CPW Valve & Instrument, a Canadian manufacturer of pressure instruments and accessories based in Edmonton, Alberta. Both companies will continue to operate independently.
ARI-Armaturen completed the acquisition of Warren Controls, Inc., a control valve company based in Bethlehem, Pennsylvania, on 12 August 2024. Financial terms were not disclosed.
Sodeco Valves, part of Thermador Groupe, signed on August 9, 2024 to acquire the business of Vena Contracta, a Belgian maker of specialty industrial valves, for €1 million paid in cash. Vena Contracta reported sales of €1.4 million in 2023.
Heat-Timer Corporation, a supplier of commercial heating controls and energy management systems, has been sold to Leonard Valve Company, a portfolio company of Bessemer Investors. EC M&A acted as exclusive financial advisor to Heat-Timer.
Atlas Copco Group has acquired AVT Services Pty Limited, a vacuum pump and system sales and service company headquartered in Sydney with 15 employees, undisclosed price.
Rapid Pump, a Hidden Harbor Capital Partners portfolio company, acquired Metro Pumps & Systems, a pump and motor repair and distribution firm in Edison, New Jersey. The deal expands Rapid Pump's customer base in the NYC-metro area.
Dover has acquired Marshall Excelsior Company for $395 million in cash. The Michigan-based flow control component maker will join Dover's OPW Global unit.
Metso has signed an agreement to acquire Jindex Pty Ltd, a Sydney-based private Australian valve and flow control company. The deal is expected to close in August 2024, and the transaction value was not disclosed.
Dover has acquired Demaco Holland B.V., which makes cryogenic flow control components such as valves, couplings and loading arms. Demaco joins OPW's Clean Energy Solutions business within Dover's Clean Energy & Fueling segment. The announcement is dated July 18, 2024.
Wateralia, an Ambienta platform company, has completed its acquisition of Calpeda Pumpen, an established German pump distributor for the water sector. It is Wateralia's fourth buy-and-build deal and strengthens its German distribution network.
Workdry International has acquired Holland Pump Company, a pump rental business with over 1,000 pumps across 15 US sites, backed by Arcus Infrastructure Partners. It will operate as Workdry's North American division.
Japan's Tsurumi Manufacturing acquired the entire share capital of Zenit International SpA, holding company of wastewater treatment equipment maker Zenit Group, based in San Cesario sul Panaro. The agreement was signed on 15 July 2024.
Ebara group companies Hayward Gordon ULC and EBARA Pumps Canada merged into EBARA HG ULC, which makes industrial pumps and mixers. Scott Turbon Mixer was renamed EBARA Mixers Inc.
South Africa's Competition Commission conditionally approved KSB's proposed acquisition of Davron, Davron KZN and Davron Services, fire protection pumpset makers. The commission found the deal unlikely to substantially lessen competition.
Dacke Industri completed the acquisition of 70% of the shares in Airon Srl, a Rovigo, Italy maker of pneumatic actuators and valves, on 3 July 2024. The existing owners keep the remaining 30%.
OPW, a Dover Corporation company, acquired MEC and its subsidiary Xanik in July 2024, placing Xanik in OPW Fluid Transfer Solutions' Chemical and Industrial Equipment unit. Xanik, based in Mexico City, has now launched a new logo to reflect its integration.
Framatome and TechnicAtome announced the acquisition of Daher Valves from the Daher Group in France. The company, which makes valves for nuclear and defence applications, has reverted to its historic name Vanatome.