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Aalberts sold BROEN A/S, a Danish valve manufacturer with about 500 employees and plants in Denmark, Poland and the United States, to Vexve Oy, a DevCo Partners portfolio company.
Private equity firm One Equity Partners has bought pump maker DESMI, headquartered in Nørresundby, Denmark, from its private shareholders. Lincoln International co-advised on the transaction, and the financial terms were not disclosed.
Arcus Infrastructure Partners has acquired Workdry International, a UK provider of water pumps and industrial wastewater treatment equipment and services. Lincoln International advised on the deal.
Summa Equity has signed an agreement to acquire Lakers Holding AB, a Nordic group servicing pumps, pumping stations and electrical motors across Norway, Sweden and Denmark. Completion is subject to regulatory approval and expected in October 2018.
Sensata Technologies has completed the sale of its valves business to Japan's Pacific Industrial for a total enterprise value of about USD 175 million. The business makes engineered valves for automotive, aerospace, HVAC/R and heavy-duty vehicle customers.
