The Carlyle Group acquires EnerMech
EnerMech Group Ltd has been acquired from Lime Rock Partners by global alternative asset manager The Carlyle Group for an undisclosed sum. The transaction is …
M&A
Asahi/America buys pipe, valve maker Performance Plastics
Thermoplastic valve and pipe manufacturer Asahi/America, Inc. has acquired Performance Plastics Inc., to expand fabrication capabilities and capacity along …
Aurelius acquires VAG, leading manufacturer of water and waste water valves
Aurelius Equity Opportunities SE & Co. KG will acquire VAG, the Mannheim-based manufacturer of water and waste water valves from U.S.-based Rexnord. With …
Baker Hughes acquires 5 pct of ADNOC Drilling for $550 million
Baker Hughes, the world’s second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company’s (ADNOC) drilling unit for …
Chart targets Italy, India and European markets
Chart Industries, Inc. is aiming to expand its cryogenic business to Italy, India and the Middle East after its acquisition of VRV s.p.a. As part of a …
Gazprom and OMV sign Basic Agreement on Asset Sale
Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, yesterday signed in St. Petersburg a …
ESAB acquires GCE
ESAB Welding & Cutting Products has acquired Malmö-based Gas Control Equipment (GCE), creating the leading global provider of flow control and oxyfuel …
Chart Industries to acquire VRV Group
Chart Industries Inc. has announced the signing of a definitive agreement to acquire VRV s.p.a. and its subsidiaries (VRV). VRV is a diversified multinational …
CUI Global subsidiary Orbital Gas Systems signs cooperation agreement with Samson to create global distribution channel
CUI Global announced from the Gastech 2018 Exhibition and Conference that its wholly-owned energy subsidiary, Orbital Gas Systems, has signed a definitive …
AS-Schneider-Binzagr JV’s production facility starts operations
Last year, the specialist for industrial valves, AS-Schneider, signed a cooperation contract with the Saudi Arabian production and distribution company …