Flowserve buys Valbart

Valbart has announced that it has been acquired by Flowserve Corp. for USD 200 million. Valbart, a manufacturer of trunnion-mounted ball valves (TMBVs) used primarily in the oil and gas industry, is a privately owned, Italy-based manufacturer of API 6A and API 6D TMBVs in split-body, all-welded, and top-entry configurations. President and CEO Mark Blinn said the company’s technology and market position in the upstream and midstream oil and gas markets, and growth potential, make it a compelling strategic fit for Flowserve. The move will immediately give Valbart’s Mezzago operation a more global perspective and scale. As part of the acquisition Valbart will be renamed Flowserve Valbart. Within the Flowserve structure the local management will continue to act as a stand-alone company with control over their own resources and strategy. Flowserve manufactures fluid motion and control products, including engineered and industrial pumps, seals and valves, as well as a range of related flow-management services.

Previous articlePower plant safety valve training
Next articleSewerage and waste management project