Krohne and Samson introduce Joint Venture and product innovation
Krohne and Samson introduced the joint venture FOCUS-ON at a press conference on September 19 in Frankfurt am Main. FOCUS-ON is a newly founded company …
M&A
BHGE announces closing of secondary offering by GE and its share repurchase
Baker Hughes, a GE company, announced today the closing of a secondary offering of 132.25 million shares of BHGE Class A common stock, par value $0.0001 per …
Kitz announces acquisition of shares in Unimech Group Berhad and agreement of capital and business alliance
Kitz Corporation announced that it has entered into a share purchase agreement with Unimech Group Berhad, Malaysian major valve manufacturer and distributor …
Emerson acquires Spence and Nicholson Steam Technology product lines from Circor International
Emerson today announced it has acquired the Spence and Nicholson product lines from Circor International. The acquisition complements Emerson’s broad …
Visual Healthcare announces closing of first acquisition Hi-Alloy Valve
Visual Healthcare (VSHC ) has closed on its initial acquisition target, Hi-Alloy Valve. VSHC’s CEO, Mr. Linh Nguyen, stated, “With a comprehensive product …
Circor to divest its upstream oil & gas engineered valve business
Circor International disclosed to dispose of its long-cycle upstream oil & gas engineered valve business to P&P Flow Control, an affiliate of Certina …
Circor board of directors unanimously rejects Crane’s revised unsolicited tender offer
Circor International yesterday announced that its Board of Directors, after careful consideration and with the advice of its independent financial and legal …
Plexus forms joint venture with BEL Valves
Plexus Holdings has formed PPC, a majority owned JV which will exclusively supply Plexus with surface production Xmas trees and wellhead annulus outlet valves. …
Blue Water Energy acquires welding specialist Pipeline Technique
London-based private equity firm Blue Water Energy announces the acquisition of Pipeline Technique Limited (“PTL”), a leading provider of high-end pipeline …
Abu Dhabi pension fund invests in ADNOC pipeline infrastructure
The Abu Dhabi National Oil Company (ADNOC) announced that it has entered into a follow-on pipeline infrastructure investment agreement with the Abu Dhabi …