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.
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.
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.
Mogas Industries was awarded a multimillion-dollar contract to supply more than ninety severe service valves and actuation packages for S-Oil's Shaheen project in South Korea, the first commercial TC2C plant.
MOGAS Industries was awarded a multimillion-dollar contract for S-Oil's Shaheen project in South Korea, the first commercial TC2C technology plant, supplying more than ninety severe service valves and actuation packages.
MOGAS Industries received a multimillion-dollar order to manufacture several hundred severe service isolation valves with actuation for a large refiner in Southeast Asia. Delivery is scheduled through next year.
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.
MOGAS Industries received four orders from Sinopec Zhenhai Refining & Chemical Company to supply more than 300 severe service isolation valves for a hydrocracking unit in Ningbo, China.
MOGAS Industries received contracts to supply more than 950 severe service isolation valves to Hengli Petrochemical (Dalian) Refinery for a new heavy oils construction project on ChangXing Island, Dalian, China. Delivery is scheduled for early 2018.
Mogas Industries will supply severe service isolation valves for a new heavy oils construction project on ChangXing Island in Dalian, Liaoning, China, for Hengli Group.
Mogas Industries has received contracts to supply over 950 severe service isolation valves to Hengli Petrochemical (Dalian) Refinery for a heavy oils project on ChangXing Island in Dalian. Delivery is scheduled for early 2018.
MOGAS Industries received contracts to supply over 950 severe service isolation valves to Hengli Petrochemical (Dalian) Refinery for a heavy oils project on ChangXing Island in Dalian, China. Delivery is scheduled for early 2018.