The Darmstadt regional president handed SAMSON AG the approval notice under federal emissions law for its new electroplating plant at the Offenbach innovation campus. The plant supports valve production and raises throughput by about 30%.
France's Ministry of Economy blocked Flowserve's acquisition of Canadian valve maker Velan under its foreign direct investment review. Flowserve plans to terminate the arrangement agreement after the 7 October 2023 outside date.
The Netherlands Authority for Consumers and Markets cleared the acquisition of industrial manufacturers Geveke and LEWA by Atlas, finding sufficient competition remains in industrial pumps and air compressors. The decision was dated 26 July 2022.
The European Commission opened an in-depth investigation into Eaton's planned $3.3 billion sale of its hydraulics business to Danfoss over concerns about competition in hydraulic components for mobile machinery.
Clarke Valve received provincial approvals from Alberta (ABSA) and Ontario (TSSA) for its Dilating Disk control valve, allowing sales in those provinces on October 2, 2019.
The US Federal Trade Commission approved Emerson Electric's acquisition of Pentair's Switzerland-based valves and controls business, valued at $3.15 billion, on condition that Emerson divest the Westlock Controls switchbox business to Crane Company.
The US FTC gave conditional approval for Emerson's proposed $3.15 billion acquisition of Pentair plc under a proposed consent order requiring Emerson to divest Westlock Controls Corporation to Crane Co. The divestiture addresses combined switchbox market share of about 60%.
The Competition Commission of India approved Emerson Electric's proposed acquisition of Pentair's valves and controls business, finding no appreciable adverse effect on competition in India.