Saipem and Hyperion Systems Engineering launch the newco Saipem-Hyperion Eastmed Engineering
Saipem and Hyperion Systems Engineering join forces to create Saipem-Hyperion Eastmed Engineering, a jointly controlled company based in Cyprus. The new …
M&A
Klinger Die Erste: joining forces in Taiwan
After many years of partnership in Finland and Denmark, the Klinger Holding announced a new joint venture with Die Erste. Official as of February 17th, Klinger …
Red Point Alloys joins Trillium Flow Technologies
Effective March 8, 2021, Red Point Alloys is joined Trillium Flow Technologies. Founded in 1987, Red Point specializes in the design, manufacture, and quick …
McWane Plant & Industrial acquires Tri-Seal Valve line
McWane Plant & Industrial (MPI) has acquired the Tri-Seal Valve product line, including the widely-specified Quarter-Flex family of high-performance …
Composites One acquires process materials business from Solvay
Composites One, the leading North American supplier of composites materials and value added services, has completed its purchase of the Process Materials …
Adnoc L&S expands material handling services with major equipment acquisition
Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), announced the acquisition of …
Motion & Control Enterprises acquires Swanson Flo
With its second acquisition in the last month, Motion & Control Enterprises (“MCE”) announced that it has acquired Swanson Flo, a regional distributor …
Victaulic acquires Waupaca Foundry’s manufacturing facility
Victaulic, manufacturer of mechanical pipe joining, fire protection and flow control solutions has purchased a 220,000 square foot Waupaca manufacturing plant …
Kentech aquires SNC-Lavalin’s oil and gas business
Kentech Group has entered into a definitive agreement to acquire the oil and gas business of Toronto-listed SNC-Lavalin Group. Completion is anticipated in the …
Weir completes sale of Oil & Gas to Caterpillar
The Weir Group announced that it has completed the sale of its Oil & Gas division to Caterpillar. The sale, for an enterprise value of $405m, subject to …