Franklin Electric has agreed to acquire Australian underground mine dewatering specialist Challenge Pumps Holdings for US$181 million. The deal is reported on October 28, 2026.
Metso signed an agreement to acquire peristaltic hose pump and progressive cavity pump technologies, with aftermarket parts and service capabilities, from Valmet. The transaction value is undisclosed and closing is expected on October 1, 2026.
Franklin Electric has entered a definitive agreement to acquire Challenge Pumps Holdings, a Perth-based maker of underground mine dewatering solutions, for $181 million. The article header gives the date as 29 October 2026, which is later than the article's listing date.
Flowserve completed its acquisition of MOGAS Industries on October 15, 2025, adding severe-service isolation valves for mining, minerals, energy and processing industries. The article was published October 20, 2025.
Franklin Electric has acquired Australia-based PumpEng Pty Ltd, a manufacturer of submersible pumps for the mining sector, as listed in a January to June 2025 review.
Franklin Electric has bought Australia-based PumpEng Pty Ltd, a manufacturer of submersible pumps targeted at the mining sector.
Franklin Electric has acquired PumpEng Pty Ltd, a Perth-based maker of submersible dewatering pumps for the mining sector. PumpEng has locations in Kalgoorlie, Townsville, Adelaide and Twin Falls, Idaho, and about 50 staff.
Sumitomo Corporation, through subsidiary Aver Asia (S) Pte Ltd, acquired 100% of PT Resource Equipment Indonesia, a rental and sales provider of large pumps for Indonesian mining sites. The deal enters Sumitomo into the mining pump market in Indonesia.
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.
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.
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.
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.
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.
Turnspire Capital Partners has acquired Swanson Industries, a Morgantown, West Virginia maker of hydraulic equipment for mining and industrial use, from AEA Investors. The deal also includes Swanson's controlling stake in Tiefenbach North America. No deal value was disclosed.
US pump rental and dewatering provider Holland Pump Company completed its acquisition of Florida Dewatering, based in Tampa, Florida, in Q2 2024.
Unibloc Hygienic Technologies, a provider of hygienic pumps, acquired UK-based CNC machining firm Metaltech Precision Engineers to vertically integrate its supply chain. Terms were not disclosed.
Red Deer, Alberta-based oilfield equipment makers Lee Specialties and Nexus Energy Technologies merged to form NXL Technologies, a wireline and coiled tubing pressure control equipment manufacturer with about 125,000 sq ft of manufacturing space.
Neles Corporation completed its acquisition of the valve and pump businesses of Finland-based Flowrox on 1 November 2021. The deal adds 110 employees and mining and metals flow-control products to Neles.
Neles signed an asset purchase agreement to acquire the valve and pump businesses of Flowrox, with about EUR 30 million of 2020 sales, for EUR 40.9 million in cash plus up to EUR 3 million earn-out. Closing is estimated for November 2021.
The US Federal Trade Commission granted early termination of Caterpillar Inc.'s acquisition of The Weir Group PLC, a deal covering several Weir subsidiaries, as of 3 November 2020.
Lufkin Industries completed its acquisition of Schlumberger's North American Land Rod Lift Business, a provider of rod lift products and services with brands including Don-Nan and Shores Lift Solutions.
Caterpillar signed an agreement to acquire the Oil & Gas division of Scotland-based Weir Group for $405 million in cash, pending shareholder and regulatory approval. The division is headquartered in Fort Worth, Texas.
Barloworld announced an addendum renegotiating the terms of its planned acquisition of Wagner Asia Equipment and 49% of SGMS, with the purchase consideration restructured and closing expected September 1, 2020.
MOGAS Industries has completed the acquisition of assets of Watson Valve, a Houston-based maker of severe service valves that also offers repair and coating services. Watson has a global install base of over 3,400 valves, mainly in mining.
ASCO has acquired full ownership of NORM Solutions Ltd, a provider of specialist cleaning, treatment and disposal services for oilfield equipment, announced 18 May 2020.
FLSmidth is acquiring IMP Automation Group, a provider of automated laboratory solutions for mining, including IMP's 50% stake in a joint venture. Closing is expected in Q2 2019 and terms were not disclosed.
The Weir Group completed its acquisition of ESCO Corp, a surface mining ground engaging tools maker, for an estimated enterprise value of US$1285 million in Q3 2018.
The Weir Group has completed its acquisition of ESCO Corporation, effective July 12, 2018. The deal was announced in April 2018 at an estimated enterprise value of just under $1.3 billion, and ESCO will operate as a new Weir division.
Boyne Capital, a Florida private equity firm, partnered with management to acquire A.S.A.P. Industries Manufacturing, a Houma, Louisiana maker of high-pressure flow control products for the oil and gas industry. Terms were not disclosed.
Weir Group agreed to acquire US surface mining parts maker ESCO Corporation in a cash and share deal valued at US$1,285 million, announced on 19 April 2018. The transaction is expected to complete early in Q3 2018.
Atlas Copco announced plans to acquire an Australian mining service business. The article provides no further details on the target, value or closing timeline.
Atlas Copco will acquire Erkat Spezialmaschinen, a 40-person drum-cutter attachment maker based in Hämbach, Germany, for its rock excavation, tunnel and demolition products. The deal value was not disclosed.