KSB Group and Framatome, cooperation in additive manufacturing
The KSB Group and Framatome in Germany are working together in the field of additive manufacturing. The aim of this cooperation is to draw on the experience …
M&A
Raccortubi and CTA (Commerciale Tubi Acciaio) form a strategic alliance
Raccortubi, based in Marcallo con Casone (Milan) and Commerciale Tubi Acciaio (CTA), based in Grugliasco (Turin), have seized a new collaboration opportunity …
Würth and Baker Hughes announce joint service offering to expand additive manufacturing solutions for customers globally
Würth Industry North America (WINA) and Baker Hughes announced a joint service offering to expand their capabilities to provide advanced design, digital …
Sunbelt Supply announces FloWorks’ acquisition of Oliver Equipment Company
Sunbelt Supply today announced the acquisition of Oliver Equipment Company (OEC), a leading provider of specialty rotating equipment, onsite services and …
Alfa Laval will not complete the tender offer for shares in Neles
As previously announced, Alfa Laval and Neles Corporation have on 13 July 2020 entered into a combination agreement pursuant to which Alfa Laval has made a …
AD finalizes merger agreement with Delta Distributors
AD is announcing it has finalized a merger agreement with pipe, valves and fittings buying group Delta Distributors effective January 1, 2021. Delta, which …
Abu Dhabi Funds invest USD2.1 billion in Adnoc gas pipelines
Abu Dhabi government institutional investors are paying $2.1 billion for a stake in a natural gas pipelines unit run by Abu Dhabi National Oil Co. Abu Dhabi …
McMenon opens manufacturing unit in Saudi Arabia
UK-based McMenon Engineering Services has launched the first British manufacturing facility of flow and temperature instrumentation in Saudi Arabia. The …
Lloyd’s Register Group announces sale of Energy business to Inspirit Capital
Global professional services organisation, Lloyd’s Register Group (LR), announced that it has entered into a definitive agreement to sell its Energy business …
Wärtsilä to divest its valves business
The technology group Wärtsilä announces the divestment of 100% of the shares in Wärtsilä Valves to an affiliate of Evergreen Capital, based in New …