Neway Valve calls off EUR 11.3 million acquisition of Germany’s Econosto
Neway Valve has aborted its planned EUR 11.3 million take-over of Germany’s Econosto International Holding due to changes in market conditions caused by …
M&A
Pelican Energy Partners announces agreement to acquire the Surface Pressure Control Flow business unit of Baker Hughes
Pelican Energy Partners announced an agreement to purchase the assets of the Surface Pressure Control Flow (SPC Flow) business unit of the Oilfield Equipment …
Alliance acquires Bureau Veritas’ emissions monitoring division
Align Capital Partners’ (ACP) environmental services platform Alliance Holdings has acquired the US-based Emissions Monitoring business unit (EM) of Bureau …
MRO master distributor Industrial Valco acquires Beric Valves
Los Angeles-based master distributor Industrial Valco (IV), which specializes in MRO same-day distribution, has announced the purchase of Beric Valves, a …
Pietro Fiorentini Group completes the acquisition of Fiorentini Gastechnik
On 27th July 2020, Pietro Fiorentini Group officially completed the acquisition of 100% of the shares of Fiorentini Gastechnik, an Austrian company in which …
Elfab and Oseco combine forces to create global pressure safety business
Oseco and Elfab have combined forces to capitalise on joint strengths, offering turnkey pressure relief solutions and services worldwide. The combined company …
Emerson invests in inmation Software
Emerson has announced it has made an equity investment in inmation Software GmbH, a global software platform developer that further deepens Emerson’s data …
Aker Solutions appoints new CEO and launches transformation to merge with Kvaerner
Aker Solutions is launching a series of structural and strategic changes to transform the company and enhance shareholder value by spinning off the wind and …
Sweden’s Alfa Laval agrees to buy Neles in $2 billion deal
Swedish engineering giant Alfa Laval agreed to buy Neles in a deal that values the Finnish valve maker at roughly $2 billion, setting a price that’s high …
Mogas Industries acquires Watson Valve assets
Mogas Industries recently completed the acquisition of assets of Watson Valve, a Houston-based turn-key manufacturer of severe service valves, to include …