ENON, Ohio — SEEPEX Inc. announced new personnel hired in the spring of 2019.
Dale Parrett has joined the SEEPEX team in the Director of Application Engineering position. Parrett will be responsible for handling the applications for key accounts, and seeking ways to improve the AE and Project Engineering tools. Parrett has 25-plus years of experience with applications and the pump industry along with a degree in Mechanical Engineering Technology from the University of Dayton.
BIRMINGHAM, Ala. – Motion Industries, Inc., a distributor of maintenance, repair, and operation replacement parts and a wholly owned subsidiary of Genuine Parts Company, has named John Watwood group senior vice president of the Southeast Group, effective May 1.
IRVING, Texas - Fluor Corporation announced that its board of directors has confirmed the appointment of Carlos M. Hernandez as chief executive officer (CEO) and named him a member of the board of the company. Hernandez was named as Fluor’s interim CEO on May 1, 2019, in line with the company’s established succession plan following David T. Seaton stepping down. The board of directors also named John R. Reynolds as the new chief legal officer of Fluor.
BRISTOL, Pa. - Quadax Valves Inc., a manufacturer of butterfly valves, announced Scott Moreland as new vice president of sales.
Moreland has more than 30 years of experience in the valve industry. He has worked with associations such as API and with major IOCs in the past with an emphasis on severe service applications.
AxFlow GesmbH Austria, part of the AxFlow Group, announced its acquisition of VIP Tehnika, which specializes in sales and service of pumps for water and waste water applications.
The business is located in Maribor, Slovenia, some 40 kilometers from AxFlow's office in Graz, and provides AxFlow with a second base from which to grow its operations in Balkans, in particular, Slovenia, Croatia and Serbia and in Austria.
SWORDS, Ireland - Ingersoll-Rand plc announced it has completed the acquisition of Precision Flow Systems (“PFS”) from funds advised by BC Partners Advisors L.P. and The Carlyle Group. The transaction was completed on May 15, 2019 for $1.45 billion.
ANNAPOLIS JUNCTION, Md. May 16, 2019 – Colfax Corporation (“Colfax”) announced that it has signed a definitive agreement to sell its Air and Gas Handling business to KPS Capital Partners, LP (“KPS”) for enterprise value of $1.80 billion, including $1.66 billion in cash consideration and $0.14 billion in assumed liabilities and minority interest, subject to customary closing adjustments.
PARSIPPANY, N.J. – The Hydraulic Institute introduces member company, PSG a Dover Company, as the latest company to have their pump test laboratory approved through the HI Pump Test Lab Approval Program. The approved pump test lab is located at 22069 Van Buren Street, Grand Terrace, CA.
PARIS - Newly confirmed to the Board by the general beeting of shareholders, Bertrand Camus has taken the position of CEO of SUEZ and appointed a new Executive Committee.
HOUSTON —Wellbore Integrity Solutions (WIS), an affiliate of private equity firm Rhône Capital, and Schlumberger jointly announced that they have entered into an agreement for WIS to acquire the businesses and associated assets of DRILCO, Thomas Tools, and Fishing & Remedial services, along with part of a manufacturing facility located on Rankin Road in Houston, Texas.
