DALLAS (Apr. 3, 2017)-- Flowserve Corporation on Monday announced a conditional sale and purchase agreement to sell its Gestra AG business to Spirax-Sparco Engineering for a reported €186 million.
In addition to the product’s core manufacturing facilities in Bremen, Germany, the sale also includes several other smaller associated businesses supporting Gestra products.
ZURICH, Switzerland (April 4, 2017) -- ABB on Tuesday announced the acquisition of Bernecker + Rainer Industrie-Elektronik GmbH, an Austria-based independent provider focused on product- and software-based, open-architecture solutions for machine and factory automation worldwide.
A purchase price was not disclosed, but the deal is expected to close by the end of summer 2017.
FRANKENTHAL, Germany (April 3, 2017) — KSB has supplied 21 pumps to Emschergenossenschaft for use in the Emscher canal, Europe's largest wastewater project.
Atlanta, Georgia (March 30, 2017) -- Genuine Parts Company and Inenco Group announced today that Inenco will issue new shares to Genuine Parts Company, representing a 35 percent stake in Inenco for approximately $70 million (USD) in cash. The investment will go into place on April 3.
Genuine Parts Company will have the opportunity to acquire the remaining 65% stake in Inenco at a later date.
Parsippany, NJ (March 29, 2017) – For the past twenty-one years, the Canadian Institute for Energy Training (CIET) has specialized in high quality energy management and energy efficiency training and has trained over 7,000 professionals. The Hydraulic Institute (HI) is pleased to announce their partnership with CIET by adding their Pump System Optimization (PSO) course to CIET’s expanding training catalog.
PARSIPPANY, NJ (March 29, 2017) – For the past twenty one years, the Canadian Institute for Energy Training (CIET) has specialized in high quality energy management and energy efficiency training and has trained over 7,000 professionals. The Hydraulic Institute (HI) is pleased to announce their partnership with CIET by adding their Pump System Optimization (PSO) course to CIET’s expanding training catalog.
