Tag: acquisition

Shale-Inland Holdings announces the acquisition of Major Sourcing LLC also referred to as “Major Inc.” in a transaction completed on July 27, 2015. Major, Inc. operates as a leading valve automation, integrator, and distributor, primarily focused on the power industry.

The Weir Group PLC has agreed to acquire Delta Industrial Valves Inc., a US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to US$47 million.

Wood Group has acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at 14.3 million USD. BETA’s expertise in advanced vibration, pulsation stress and dynamic analysis of piping systems and machinery during the design and production phases are key elements in integrity management and strengthen Wood Group’s capabilities.

Engineer Weir Group PLC has announced that it has agreed to acquire Delta Industrial Valves Inc., a U.S.-based manufacturer of valves for the mining, oil sands and other industrial markets, for an enterprise value of up to $47 million USD.

Bimba, an innovator of actuation technology, today announced the acquisition of Intek Products of Warrendale, Pennsylvania. Founded in 1999, Intek develops mechanical automation products and solutions for both single-axis and multi-axis coordinated electric motion.

It is being reported that the Columbus, OH-based FCX Performance, Inc., a distributor of valves and controls, has completed the acquisition of Process Control Services, Inc. (PCS). PCS, which is located in Plymouth, Michigan, provides Instrument start-up, repair, installation and calibration services; In-house Depot Repair; Turnkey PLC Programming and Control Panel Fabrication.

L&T may be close to selling off its valves business for around $500 million with Finnish firm Metso and US-listed Pentair emerging as frontrunners to acquire the unit, according to sources aware of the negotiations.

Automated Valve & Equipment, the specialty valve and automation division of Ohio Pipe Valves & Fittings, Inc, have announced plans to acquire TechniQuip, Inc., a representative and distributor of valves and actuators since 1990.

IDEX Corporation, based in Lake Forest, Illinois, is a publicly traded company engaged in the development, design, and manufacture of fluidics systems and specialty engineered products. The company has just announced its acquisition of Alfa Valvole srl, an Italian manufacturer of specialty valve procuts used in the chemical, petrochemical and energy markets.

Emerson Process Management India, which is a part of American multi-national company Emerson, has announced the acquisition of the Indian manufacturer of gear operators and gearboxes, Ameya Transmissions, for an unspecified amount.