Kevin Hunt has stepped down as President of ValvTechnologies following the Severn Group acquisition. Chad Bowers, previously Director of Manufacturing, takes the role of President.
Severn Group, a UK family of specialist valve companies, has acquired Houston-based ValvTechnologies, a maker of metal-seated, zero-leakage severe-service valves. ValvTechnologies will keep operational independence within the group. The deal was announced on 6 November 2021.
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.