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.