GAS ties up with Tubefit Engineers to set up valve production JV
Inline with the National Industrial Development Program’s goals and the Saudi Arabia Vision 2030, Saudi-based Gas Arabian Services Company (GAS) has …
M&A
Reorganization of KITZ valve business in Korea
KITZ Corporation announced the decision to consolidate its manufacturing and sales sites for the Valve Manufacturing Business in Korea. Through this …
Rotork acquires Hanbay
Rotork, the global provider of mission-critical intelligent flow control solutions, has acquired Hanbay. Based in Montreal, Canada, Hanbay designs and …
Flowserve and Velan extend the outside date of their arrangement agreement
Flowserve Corporation and Velan announced that they have extended the outside date of the arrangement agreement made as of February 9, 2023, among Velan and …
BDK Valves and Gurukrupa Group acquire Theis Precision Steel
BDK Valve, a manufacturer of industrial valves, and Gurukrupa Group, a realty developer in Western India, announced the successful acquisition of 100% stake in …
Score Group acquires Kampen Valve Care
Score Group announced it has acquired Kampen Valve Care in the Netherlands, effective from June 8th, 2023. Incorporated in 1976, Kampen Valve Care has been …
Tenaris expands line pipe coating business with acquisition of isOplus unit
With a $10 million investment, Tenaris has acquired the oil and gas division of the company isOplus, a producer of pre-insulated pipeline systems for district …
Mitsui completes acquisition of 100% shares of STATS
STATS Group announced that it has executed a Share Purchase Agreement to sell 100% of the issued share capital of the Company to Mitsui. The acquisition …
Circor International enters into amendment to definitive merger agreement with KKR at $51 per share
Circor International, one of the world’s leading providers of mission critical flow control products and services for the industrial and aerospace & …
Aliaxis completes the acquisition of Valencia Pipe Company’s manufacturing division
Aliaxis, a world leader enabling access to water and energy through innovative fluid management solutions, announced that it has completed its acquisition of …