Colves Fluid Control

ACI-Somagep, part of Parlym Group, acquired Jiangsu Colves Fluid Control, an industrial valve maker in Nantong, China, and its Italian distributor Colves Fluid Control to secure valve manufacturing quality.

ACI-Somagep, part of Parlym Group, acquired Jiangsu Colves Fluid Control, an industrial valve manufacturer in Nantong, China, and its Italian distributor Colves Fluid Control. The deal strengthens ACI-Somagep's supply chain and gives it a manufacturing base in Asia.

Aci-Somagep, a subsidiary of French group Parlym, acquired 100% of Colves Fluid Control and its China-based subsidiary Jiangsu Colves Fluid Control from Trouvay & Cauvin Holding Group. The deal covers industrial valves and integrated systems for oil and gas, petrochemical and water treatment uses.