Energean completes acquisition of Edison E&P
Energean announced that it has completed its acquisition of Edison Exploration & Production from Edison. The gross consideration for the transaction, as at …
M&A
Clarke Valve, YBA Kanoo plan manufacturing facility in Saudi Arabia
The strong partnership between Yusuf Bin Ahmed Kanoo Group (YBA Kanoo) and US-based Clarke Valve, manufacturer of the proven precision control Shutter Valve, …
Aramco and Baker Hughes commence construction on non-metallics joint venture in Saudi Arabia
Aramco and Baker Hughes have announced the formation of Novel, a 50/50 Joint Venture (JV) to develop and commercialize a broad range of non-metallic products …
Klinger Brazil acquires Parva, expert for valves and chlorine cylinders
Klinger has been operating in Brazil for more than 50 years. The group has now acquired the local producer of valves, Indústria Mecânica e Artefatos de …
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 …
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 …