NOW Inc.'s DistributionNOW entered a distributorship agreement with Schlumberger for the exclusive right to distribute Reda HPS pumps and related parts in 15 US states. Schlumberger will provide technical support.

NOW Inc.'s U.S. subsidiary DistributionNOW signed an OEM valve automation packaging agreement with Rotork Controls for flow control products. It extends an existing Canadian distribution agreement to domestic and international projects.

Axel Johnson International, through its AxFlow business group, acquired Process Partner AS, a Larvik-based Norwegian distributor of process instruments and positive displacement pumps. The deal strengthens AxFlow's fluid handling business in the Nordics.

Valvitalia signed a contract to acquire 100% of Nuova Giungas, a Formigine (Modena) manufacturer of monolithic isolation joints for pipelines with 36 employees and about EUR 7 million turnover in 2015. The deal extends Valvitalia's oil and gas product portfolio.

Sun Hydraulics agreed to acquire the Power Controls and Vehicle Technologies business lines of Enovation Controls, LLC for an initial $200M plus up to $50M earn-out, expected to close within 30 days.

Larsen & Toubro approved a scheme of arrangement with its subsidiary L&T Valves Ltd, a deal valued at 437.9 million rupees in cash.

Parcol was awarded a contract in October 2016 to supply critical angle valves for the 40,000 MTPA melamine plant of Gujarat State Fertilizers & Chemicals at Vadodara, India. The project is due for commissioning by Q3 FY 2017-18.

Metso has signed an agreement for a comprehensive valve delivery for the Kilpilahti Power Plant in Porvoo, Finland.

SHW Automotive GmbH has received a contract from an unnamed leading electric vehicle manufacturer to supply electric axle gear pumps, with a lifetime revenue of approximately €100 million. Production is expected to start in the first half of 2017 at the Bad Schussenried plant.

Metso signed an agreement to deliver about 150 on-off and control valves for the Kilpilahti combined heat and power plant in Porvoo, Finland, planned for commissioning in 2018. The order value was not disclosed.

Schlumberger plans to begin construction of a plant making stages for electric submersible pumps in the Lipetsk special economic zone, Russia, by end of 2016. Total investment is 3.8 billion rubles, with serial production targeted for Q1 2018.

NOW Inc has entered into an agreement with Schlumberger for the exclusive right to distribute Reda HPS pumps and related parts in 15 US states.

Ham-Let (Israel-Canada) Ltd., a maker of instrumentation valves and fittings, is buying Norwegian company Norvalve. The deal was reported on 2016-10-20.

India's Competition Commission approved Emerson Electric's proposed acquisition of Pentair's valves and controls business for USD 3.15 billion, a deal first signed in August 2016.

Puffer-Sweiven held a grand opening for its new 140,000 sq ft Houston Service Center, focused on repair and assembly of valves and rotating equipment for process industries along the Houston Ship Channel.

Rotork won an actuation contract for application on a Floating Production, Storage and Offloading vessel (FPSO). No customer or location is named.

Hillenbrand Inc. agreed to acquire Carnegie, Pennsylvania-based Red Valve Co. Inc. for USD 131.9 million, pending final approval. Red Valve makes valves for wastewater environments.

Imperial Valve received an order from Van Leeuwen Pipe & Tube Malaysia, for Bumi Armada's FPSO Madura, for eleven Inconel 625 double block and bleed valves. The order was confirmed on 23 November 2015 and the valves were delivered on 24 February 2016.

Parker Hannifin completed the acquisition of President Engineering Group Limited, based in Sheffield, UK, to strengthen its position in the LNG market.