Bluewater

Bluewater agreed to sell Severn, a British valve manufacturer with about 1,000 staff and 20 locations, to Finland-listed Valmet in a transaction valued at $480 million, expected to close in Q2 2026.

Fox Innovation & Technologies Inc. acquired Texas-based Revak Keene Turbomachinery and Industrial Storage Services, gaining a manufacturing facility and aftermarket parts and repair business for compressors, backed by Bluewater.

ValvTechnologies and Severn Glocon agreed a partnership to combine capabilities in severe-service valves, subject to U.S. regulatory approval. The partnership is backed by private equity firm Bluewater.

Severn Glocon UK Valves and ValvTechnologies agreed a strategic partnership to combine their severe-service valve capabilities, subject to US regulatory approval. The collaboration is backed by Bluewater, an energy private equity firm.

Severn Glocon and ValvTechnologies agreed a partnership to combine their severe-service valve businesses, subject to US regulatory approval. The collaboration is backed by private equity firm Bluewater.

Valmet entered into a deal to acquire Severn Group, an industrial valve company, from UK private equity firm Bluewater for $480 million paid in cash. The deal covers Severn Glocon, ValvTechnologies and LB Bentley. Announced on 22 December 2025.