NEWS
COSTA MESA, Calif. – The Cla-Val Company has announced changes to its senior management team, effective January 1, 2026.
WAYNE, Penn. – The Fluid Sealing Association has announced the appointment of Jason Ferris as president of the Association. Ferris is currently director/GM of the Cryogenic Solutions business unit in Flowserve’s Pumps Division and is based in Kalamazoo, Michigan.
DALLAS – Flowserve Corporation has announced that it has acquired U.K.-based Greenray Turbine Solutions, Ltd. Through this acquisition, Flowserve gains access to deep product expertise and durable revenue for a large installed base of mission-critical equipment, with the ability to leverage Flowserve’s expansive global network of Quick Response Centers (QRCs) for growth.
THE WOODLANDS, Texas – Fortifi Food Processing Solutions has announced that it has completed its acquisition of Provisur Technologies. The acquisition reinforces Fortifi’s commitment to offer complete solutions that integrate optimal automation, robotics and software capabilities.
NEW YORK, N.Y. – The American Institute of Chemical Engineers (AIChE) announced that the AIChE board of directors has appointed Victor Bohnert as chief executive officer. Bohnert has served as interim CEO during AIChE’s leadership transition.
GLASGOW, Scotland – Weir has entered into a binding agreement to acquire the remaining 50% share of its Chile-based joint venture ESCO Elecmetal Fundición Limitada (“ESEL”) for a sterling equivalent purchase price of £56m (US$75m), subject to customary net debt and working capital adjustments.
STAMFORD, Conn. – ITT Inc. has announced it has entered into a definitive agreement with Lone Star Funds to acquire SPX FLOW, a leading provider of highly engineered equipment and process technologies for attractive end markets including industrial, health and nutrition, for a total consideration of $4.775 billion in cash and equity. This represents 14.2x SPX FLOW’s forecasted full year 2026 adjusted EBITDA, or 11.5x includingnexpected cost synergies.
HOUSTON – DXP Enterprises, Inc. has announced that it has completed the acquisition of Pump Solutions, Inc. (“Pump Solutions”). Founded in 1999, Pump Solutions is headquartered in New Caney, Texas, and operates out of four locations servicing Texas.
LUBBOCK, Texas – Lubbock, Texas-based SIMFLO has announced significant operational advancements, including major upgrades to its Arizona pump testing facility, the opening of a new quality control center in Lubbock and the launch of a new corporate website.