Kingdom

Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

UFT completes four strategic acquisitions

H.I.G. Capital (H.I.G.) is pleased to announce that its portfolio company, United Flow Technologies (UFT) has completed the acquisitions of Shape, Inc. (Shape), Engineered Equipment Solutions (EES), Newman Regency Group (Newman Regency) and Southwest Valve & Equipment (Southwest Valve).

Ovivo acquires Wastech Controls & Engineering

Ovivo Inc. (Ovivo), a provider of water and wastewater treatment equipment, technology, and systems, is pleased to announce the acquisition of Wastech Controls & Engineering, LLC (Wastech).

GEMÜ expands its company management team

GEMÜ Gebrüder Müller Apparatebau GmbH & Co. KG based in Ingelfingen, Baden-Württemberg, is reorganizing its company management team.

Dräger Marine & Offshore invests in a new facility

Dräger Marine & Offshore has demonstrated its commitment to the North Sea energy industry with a multi-million-pound investment in a new facility in Aberdeen.

Bailey International acquires Hydrolico International

Bailey International, LLC (Bailey) announces the acquisition of Québec-based, Hydrolico International, Inc. (Hydrolico).

FloWorks acquires netMercury

FloWorks International LLC (FloWorks), a specialty flow control distribution platform backed by Clearlake Capital Group, L.P. (together with its affiliates, Clearlake), has acquired netMercury (netMercury).

Jacolien Eijer appointed as the new president of KIVI

Jacolien Eijer was officially appointed president of the Royal Institute of Engineers (KIVI). She will immediately fulfill this role for at least three years.

Schlumberger, Subsea7 renew subsea integration alliance

Schlumberger and Subsea 7 have signed an agreement to renew Subsea Integration Alliance for a further seven years.

Valmet new production unit for high-volume valves

Valmet is optimizing its production operations and inaugurating a new production unit at its valve factory located in Vantaa, Finland.

Albion Valves appoints dedicated sales manager

Albion Valves (UK) Limited is delighted to introduce a new, dedicated Sales Manager for Northern and Southern Ireland – George McGuire.
X