FINLAND - Flowrox, a Finland-based company sold its valve and pump businesses to Neles, a listed Finnish manufacturer of industrial valves. The deal also includes the Flowrox brand. Flowrox’s industrial automation, environmental technologies and filter business are excluded from the acquisition and will continue under a new, later to be announced name and brand.
NEWS
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DOWNERS GROVE, Ill. -- Dover announced that it has completed the acquisition of CDS Visual, Inc., which will become an operating company within Dover's Engineered Products segment.
ARVADA, Colo. - Sundyne announced that Mary Zappone has joined the company as chief executive officer (CEO), effective July 21, 2021. Zappone succeeds Mark Sefcik, who is transitioning to president of the Sundyne Products business unit.
GERMANTOWN, Wis. - WAGO Corporation has hired Lucas Nuss as its new product specialist for Marking, Tools and smartDESIGNER software at their home office in Germantown, Wisconsin.
BLANCHESTER, Ohio –Fulflo Specialties, Inc. has launched a newly designed website at www.fulflo.com to better serve customers of its hydraulic relief valves. Improved content organization, updated product photography, and interactive valve configurators allow visitors to quickly find and specify the valve series and model for their application.
ZURICH, Switzerland - ABB announced it will acquire ASTI Mobile Robotics Group (ASTI), a leading global autonomous mobile robot (AMR) manufacturer with a broad portfolio across all major applications enabled by the company’s software suite. This will expand ABB’s robotics and automation offering, making it the only company to offer a complete portfolio for the next generation of flexible automation.
ST. PAUL, Minn. — Environmental engineering and construction firm Brown and Caldwell announced Tracy Ekola has joined the company as vice president and senior director of client services for the Midwest region. The strategic hire highlights the firm’s continued expansion to better serve clients in the Midwest’s municipal and private water, wastewater, and stormwater sector.
TORONTO - Armstrong Fluid Technology has announced that Simone Walzel has joined the company as Global Head, Data Centers.
An experienced industry professional with extensive knowledge of data center services and solutions, Walzel has invested more than 20 years in the mission-critical industry. After launching her career with Honeywell, she has worked in progressively senior roles with Schneider Electric, Emerson Network Power, Stream Data Centers and Vertiv.
DAVIDSON, N.C. -- Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, today confirmed that on June 10, 2021, it made an all-cash non-binding proposal to the Board of Directors of SPX Flow, Inc. to acquire SPX Flow for $85 per share. The proposal represents a 37% premium over last Friday’s closing price and a premium of approximately 20% over SPX Flow’s all-time high closing price.