Tag: acquisition

Sunbelt Supply, a company of Clearlake Capital, has acquired Severe Service Specialists (Triple S).Triple S is a manufacturer’s representative of severe application valves used in extreme temperature, high pressure, abrasive, corrosive, and acidic conditions in power generation, refining, and other industrial applications.

IMI plc, a world-leading provider of flow control solutions, announces the proposed acquisition of PBM Inc., a leading US-based producer of high-quality valves.

The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction, in which Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for $965 million.

Occidental Petroleum has announced the successful completion of its acquisition of Anadarko Petroleum in a transaction valued at $55 billion.“With Anadarko’s world-class asset portfolio now officially part of Occidental, we begin our work to integrate our two companies and unlock the significant value of this combination for shareholders,” said Vicki Hollub, president and Chief Executive Officer.

Champion Valves Inc. has been acquired by US Valve LLC, a division of Airtech USA. Champion Valves will continue to operate as usual, including doing business under the Champion name.

Visual Healthcare (VSHC) has achieved its initial acquisition target, Hi-Alloy Valve. VSHC’s CEO, Mr. Linh Nguyen, stated, “With a comprehensive product line utilized across several industries, Hi-Alloy will serve as a building block of VSHC’s growth strategy.

Emerson has completed the purchase of Zedi’s software and automation businesses, according to an announcement from the company.

Spirax-Sarco Engineering plc, a leader in the control and efficient use of steam, electrical thermal energy solutions and peristaltic pumping and associated fluid path technologies, announced that it has entered into exclusive negotiations with a view to acquiring Thermocoax Developpement and all of its group companies (Thermocoax) from Chequers Capital, TCR Capital and other minority shareholders for a cash-free, debt-free consideration of USD$179 million €158 million.

Hunt Valve Company, a specialty valve engineering and manufacturing company serving the United States Navy and industrial customers worldwide, announced that it has completed its acquisition of Montreal Bronze Limited (MB Valve).

 A-T is excited to report they have acquired the assets of Mighty Instruments. Under the direction of Ryan Hunnicutt, Mighty Instruments is a manufacturer of a multi-functional controller that will add to A-T’s capabilities regarding systems, digital controls and connectivity.