Tag: acquisition
Foster Wheeler acquires Canadian engineering compa
Foster Wheeler AG has acquired Three Streams Engineering, Ltd., a privately held engineering company located in Calgary, Alberta, Canada.
“The acquisition of Three Streams is part of our stated strategy to grow the upstream capabilities and the geographic footprint of our Global Engineering and Construction Group,” said Chief Executive Officer of Foster Wheeler AG, Kent Masters.
Honeywell to acquire Thomas Russell Co.
Honeywell said that its UOP business has signed a definitive agreement to purchase a 70 percent-stake in Tulsa, Oklahoma-based Thomas Russell Co., a privately-held, leading provider of technology and equipment for natural gas processing and treating.
Furmanite acquires Crane’s Houston Service Center
Furmanite Corporation, a large provider of valve services, has acquired certain assets and operations of Crane Energy Flow Solutions' Houston Service Center.
Emerson acquires ISE Magtech
Emerson has acquired ISE Magtech, a company that designs and manufactures level gages and associated equipment for industrial applications. The acquisition will strengthen Emerson Process Management's measurement solutions in the oil and gas, chemical, refining and power generation industries.
Greene’s Energy acquires Pro-Valve Services
Greene’s Energy Group (GEG) has acquired the assets of Houma, LA based Pro-Valve Services, Inc. The acquisition will broaden the after-market production valve services provided by GEG’s Wellhead and Valve division.
Automation Technology acquires Gevalco
Automation Technology, Inc (ATI) has acquired Gevalco, which specializes in pipeline valve automation with a focus on ensuring pipeline safety in the community.
MRC to acquire Curtiss-Wright’s VSC
McJunkin Red Man Corp recently announced the signing of an asset purchase agreement for the acquisition of the operations and assets of the legacy distribution business of Valve Systems and Controls (VSC).
Velan Inc.acquires 70% of ABV Energy S.p.A.
Canada-based Velan Inc has acquired 70% ownership of ABV Energy S.p.A., an Italian manufacturer of engineered valves, actuators and control systems supplied to energy markets.
Cameron acquires Brazil’s Vescon
Cameron has acquired Vescon Equipamentos Industriais Ltda., a company which manufactures onshore wellhead and Christmas trees systems and API 6A and 6D valves.
Metso acquires Wyesco
Metso has announced that it has acquired the service business of Wyesco of Louisiana L.L.C., located in Slaughter, Louisiana, USA.