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Gardner Denver Italy Holdings, part of the Ingersoll Rand group, acquired Termomeccanica Industrial Compressors and Adicomp, both wholly owned subsidiaries of Termomeccanica, with internal reorganisation in Italy, the USA and China. AZB & Partners advised Termomeccanica on the India business reorganisation.
Trillium Flow Technology Group, owned by First Reserve Capital, agreed to acquire Termomeccanica SpA's entire centrifugal pump division, including TMP Spa and five foreign subsidiaries, through its Italian subsidiary.
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.
Termomeccanica and Trillium Flow Technologies signed an agreement transferring Termomeccanica Pompe's production, sales and service activities to Gabbioneta Pumps, a Trillium group company. The value was not disclosed.
Termomeccanica (TMP) was awarded a contract of about EUR 10 million at the end of 2016 to supply 16 API 610 sea water pumps for the Al-Zour LNG regasification plant in Kuwait, as technology partner to EPC contractor HEC.
