Tag: purchase

US oil refiner, Tesoro Corp., recently stated it would buy Western Refining Inc. for USD $4.1 billion to add refineries in Texas, New Mexico and Minnesota.

Ham-Let (Israel-Canada) Ltd., a leading manufacturer of instrumentation valves and fittings applicable for process control and high purity industries, is buying the Norwegian company Norvalve.

New York-based Precision Global, a portfolio company of Peak Rock Capital and a maker of valves, actuators and other dispensing solutions, has acquired Ralpet Plastics Pty Ltd, an Australian maker of injection and blow molded plastics products.

Trelleborg Sealing Solutions, which specializes in polymer solutions, has finalised the acquisition of privately owned US-based Anderson Seal LLC which distributes seals, gaskets and custom-moulded products for OEMs.

Canada's Enbridge Inc. said recently it would buy Spectra Energy Corp of Houston in an all-stock deal valued at about CAD $37 billion (USD $28 billion) to create the largest North American energy infrastructure company.

Pending final approval this month, Hillenbrand Inc. recently agreed to the acquisition of Carnegie, Pennsylvania-based Red Valve Co. Inc., for USD $131.9 million. Red Valve makes highly-engineered valves designed to operate in the harshest municipal and industrial wastewater environments.

Wolseley Industrial Canada recently announced the sale of its Engineered Pipe Group (EPG) to Emco Corp. With the purchase, Emco acquires Wolseley Industrial’s high-density polyethylene (HDPE) pipe, fittings and flanges, and fabricated vessels business.

The London-listed private equity fund that invests in high-quality US, European and Latin American cap companies, JZ Capital Partners, has acquired Midwest Valves Parts alongside The Edgewater Funds as a bolt-on to Industrial Services Solutions' existing Specialty Products Group.

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.