Eni and Snam launch partnership on gas pipelines between Algeria and Italy
Eni and Snam have entered into an agreement for the sale by Eni to Snam of a 49.9% stake (directly and indirectly owned) in certain companies operating two …
M&A
Lone Star weighs offer for SPX Flow
According to Bloomberg, Lone Star Funds is considering a bid for industrial pump and valve maker SPX Flow, according to people with knowledge of the matter. …
BEWI Energy and MRC Global Norway has signed a Letter of Intent
BEWI Energy and MRC Global Norway has entered a Letter of Intent (LOI) to cooperate in strengthening each party’s service and product offering in supply of …
Bercella and RINA sign a strategic partnership
On one hand Bercella Srl, a leading company in the design and production of components and structures in composite materials for the aerospace, defense, …
AxFlow Holding acquires majority ownership of Starline Valves Oy
AxFlow Holding announced that it has acquired majority ownership of Finnish distributor of valves and actuators Starline Valves Oy. Starline Valves Oy was …
Neles’ acquisition of the valve and pump businesses of Flowrox completed
Neles’ acquisition of the valve and pump businesses of the Finland-based technology company Flowrox has been successfully completed. With this acquisition, …
Hillenbrand divests TerraSource Global business
Hillenbrand announced that it has completed the planned divestiture of its TerraSource Global business pursuant to a Contribution Agreement between the Company …
Desktop Metal acquires Aidro
Desktop Metal announced it has acquired Aidro, a pioneer in the volume production of next-generation hydraulic and fluid power systems through metal additive …
FloWorks acquires Genesis Systems
FloWorks, backed by Clearlake Capital Group, announced it has acquired Genesis Systems, a distributor of control valve, regulator, and valve automation …
Fairbanks Morse Defense acquires Hunt Valve Company
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company, a specialty manufacturer of naval valves …