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Trillium Flow Technologies, a First Reserve portfolio company, has completed its acquisition of Termomeccanica Pompe, a La Spezia, Italy maker of vertical turbine and split case pumps. The deal expands Trillium's water infrastructure exposure.
Trillium Flow Technologies, a global valve and pump maker, is acquiring Termomeccanica Pompe, an Italian manufacturer of industrial centrifugal pumps. Morgan Lewis advised Trillium on the deal, announced January 21, 2022.
Trillium Flow Technologies signed a joint agreement to acquire Termomeccanica Pompe S.p.A., bringing its Termomeccanica Pompe, Gabbioneta Pumps and Begemann brands under Trillium in Italy; closing is expected in three to four months.
Trillium Flow Technologies, a First Reserve portfolio company, has acquired Red Point Alloys BV, a Dutch maker of exotic material isolation valves. The deal value was not disclosed.
Private equity firm First Reserve agreed to buy TriMas' Lamons business, a provider of industrial sealing and fastener solutions, for $135 million in cash. Closing is expected by the end of the first quarter of 2020.
First Reserve has completed its acquisition of Trillium Flow Technologies, formerly Weir Flow Control, from The Weir Group. Trillium makes 15 pump and valve brands for power, oil and gas, water and mining customers. Final terms were not disclosed.
First Reserve agreed to buy Weir Flow Control, a maker of engineered valves and pumps, from The Weir Group PLC in a £275 million deal. Closing is expected in the second quarter of 2019, subject to antitrust approvals.
Weir agreed to sell its Flow Control division to private equity firm First Reserve for an enterprise value of GBP 275 million in Q1 2019.
Baker Hughes, a GE company, reached an agreement to sell its Natural Gas Solutions business to First Reserve and Pietro Fiorentini for US$375 million, as reported in Q3 2018.
Halliburton signed a definitive agreement to sell its Dresser Equipment Group, a maker of valves, instruments and industrial equipment, to an investor group led by First Reserve and Odyssey Investment Partners for $1.55 billion in cash and assumed liabilities. Halliburton will keep a five percent equity stake.
