GE and Baker Hughes will separate
According to Reuters, GE will spin off its healthcare division and separate from Baker Hughes, not that much after its acquisition.The new company will focus …
M&A
Samson acquired Visual Processes Ltd.
Samson has acquired the Israeli start-up Visual Processes Ltd. and with the start of ACHEMA, for an undisclosed transaction value. SAM (Samson Asset …
Emerson acquired pneumatics technology company Aventics
Emerson announced it has agreed on terms to acquire Aventics from Triton for a cash purchase price of €527 million. Aventics is among the global leaders in …
Exxon acquired Indonesian lubricant manufacturer
ExxonMobil announced in a press release that it agreed to purchase PT Federal Karyatama, one of Indonesia’s largest manufacturers and marketers of motorcycle …
Matholding Group acquired OCV Valves
According to ValveWorld Magazine, Matholding Group (which owns Dorot Valves) has acquired 51% of the shares in U.S.‐based OCV Control Valves LLC. Matholding …
Kitz acquired Korean manufacturer Cephas Pipelines
According to ValveWorld, Kitz Corporation has agreed for a stock transfer for all the stock of Cephas Pipelines Corporation, a Korean valve manufacturer. …
Metso acquired Indian valve automation business
According to a company brief, Metso has signed an agreement to acquire the valve automation division of the India-based valve technology company Rotex …
Curtiss-Wright to acquire Dresser-Rand government business
Curtiss-Wright Corporation today announced that it has entered into an agreement to acquire the assets that comprise the Dresser-Rand Government Business …
EnerMech acquired Denholm Valvecare
The global integrated engineering services group has acquired the UK trade and assets of the valves division of family-owned Denholm Oilfield Services for an …
TechnipFMC acquired Island Offshore Subsea
According to a press statement released on BusineesWire, TechnipFMC has signed an agreement with the Island Offshore group to acquire a 51% majority stake in …