New Association for Materials Protection and Performance (AMPP) launched
To create a unified voice for the corrosion control and protective coatings industries, a new association launched yesterday at a global virtual event. The new …
M&A
A.Y. McDonald acquires Val-Matic Valve
A.Y. McDonald has acquired Val-Matic Valve & Mfg. Corporation, of Elmhurst, Illinois on December 31, 2020. Val-Matic Valve was founded in 1966 by Andrew …
Anvil and Smith-Cooper International acquire ABZ and Quadrant Valve brands from Forum Energy Technologies
Anvil and Smith-Cooper International, a portfolio company of Tailwind Capital, announced the acquisition of the ABZ and Quadrant Valve brands from parent …
Hillenbrand announces sale of Red Valve business to DeZURIK
Hillenbrand announced that it has completed the sale of its Red Valve business to DeZURIK. The sale follows Hillenbrand’s previously announced intent to exit …
Esab and Yaskawa sign collaborative agreement for pre-engineered robotic welding cells
The Esab Group and leading robot and robot system company Yaskawa have announced the signing of a global cooperation agreement to jointly develop and market a …
KSB sells French service company to Dalkia Group
Following the sale of SPI Energie in January and the sale of KSB Service Energie, STII and KSB Service Cotumer in June, KSB has completed the restructuring of …
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 …
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 …