According to ValveWorld, Kitz Corporation has agreed for a stock transfer for all the stock of Cephas Pipelines Corporation, a Korean valve manufacturer.
Cephas is a comprehensive manufacturer of butterfly valves that can be produced up to large diameters with an abundant product lineup. The company’s strength is its industrial butterfly valves used in power plants, oil&gas fields, desalination and water treatment plants, marine vessels in addition to the petrochemical market. KITZ has been procuring Cephas’ butterfly valves since 2014 and has already delivered many products in global markets.
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