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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.

Plymouth Meeting, PA – Cooney Brothers announced the upcoming retirement of Vice President and Head of Inside Sales William E. Cooney IV, whose nearly five decades of service have left a lasting impact on the company’s culture, customers and community. As Cooney prepares to pass the torch, inside sales leadership is already transitioning, with Matt Long stepping into the inside sales manager role.