pump industry mergers & acquisitions
Nacka, Sweden – CRI-MAN S.p.A., an Italian pump manufacturer, will become part of Atlas Copco Group.
RIVERSIDE, Calif. – Yardney Water Filtration Systems has announced the addition of Hennesy Mechanical Sales and O’Connor Sales, Inc. to its growing network of elite sales representatives. These partnerships reflect Yardney’s continued commitment to technical excellence, responsive customer support and the expansion of its presence in key markets.
DETROIT LAKES, Minn. – SJE, Inc. has announced the acquisition of AMI Global from Cimbria Capital. With the combined capabilities, SJE expects to accelerate the delivery of advanced cloud connected opportunities and offer its customers a comprehensive platform of remote monitoring solutions. The AMI global acquisition represents SJE’s sixth since 2021 and first in 2025.
WEST PALM BEACH, Fla. – Workdry International has completed the acquisition of Atlas Dewatering, a specialist in wellpoint and drainage installations based in Port Orange, Florida.
IRVING, Texas – United Flow Technologies (UFT) has acquired Sydnor Hydro. Sydnor was founded in 1889 by Thomas Sydnor and has since grown the business to service thousands of customers throughout Virginia, North Carolina, South Carolina and Maryland.
COLUMBUS, Ohio — OTC Industrial Technologies has announced the acquisition of Fleetwood Industrial Products and P-M Industrial, Inc., both recognized names in the rotating equipment space across the Northeast.
This strategic acquisition is a major step in OTC’s ongoing investment in service and repair capabilities, adding critical resources and expertise that will support the company’s growing customer base throughout the region.
DALLAS – Flowserve Corporation has announced it has terminated its previously announced merger agreement for Flowserve to combine with Chart Industries, Inc.
DUBLIN – Eaton has announced it has signed an agreement to acquire Resilient Power Systems Inc., a leading North American developer and manufacturer of innovative energy solutions, including solid-state transformer-based technology.
HOUSTON – DXP Enterprises, Inc. has announced that it has completed the acquisition of Moores Pump & Services, Inc. (“Moores”). Founded in 1972, Moores is headquartered and operates in Broussard, Louisiana, servicing the Gulf Coast region of the U.S. Moores is a leading provider of products and services including fabrication and repairs of rotating equipment and pumping systems. DXP funded the acquisition with cash from the balance sheet.
DOWNERS GROVE, Ill. – PSG, an operating company of Dover Corporation, has announced that it has acquired ipp Pump Products GmbH (“ipp”), a specialized manufacturer of sanitary pump technologies, including hygienic lobe, progressive cavity and other processing equipment.
CHICAGO – In alignment with Komatsu’s mining strategy of delivering high customer satisfaction and supporting business growth through successful partnerships, the company has transitioned ownership of six independent Core Machinery dealerships to Komatsu-owned dealers in the Southwestern United States.
ATLANTA & DALLAS – Chart Industries, Inc. and Flowserve Corporation have announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a differentiated leader in industrial process technologies. The combined company is expected to have an enterprise value of approximately $19 billion based on the exchange ratio and the closing share prices for Chart and Flowserve as of June 3, 2025.
MONTREAL, Canada – ABB Electrification Canada Inc. has announced it has completed its acquisition of Bel Products Inc. This acquisition enhances ABB’s market presence in Canada and the U.S., expanding its product portfolio and enabling the company to leverage its manufacturing, warehousing and supply chain capabilities to better meet growing customer demand. The financial terms of the transaction are undisclosed.
JACKSONVILLE, Fla. – Continental Pump Company and Integrity Pump & Motor have strategically partnered to form Kinetiflo Group. This new pump manufacturer provides a comprehensive range of high-quality pump solutions for diverse industries, including mining, food & beverage and wastewater.
HOUSTON – Flotek Industries, Inc. and ProFrac Holding Corp. jointly announced Flotek's acquisition of power generation assets and related intellectual property (the "Acquired Assets") from ProFrac GDM, LLC ("ProFrac GDM"), a subsidiary of ProFrac, for $105 million. Flotek concurrently entered into an agreement for a six-year dry lease of the Acquired Assets with ProFrac GDM (the "Lease Agreement").
LUND, Sweden – Alfa Laval has announced that it has signed a binding put-option agreement to acquire the Fives Cryogenics business unit, part of Fives Group, for a total fixed purchase price of EUR 800 million on a cash and debt-free basis. Fives Cryogenics is a world-leading expert in cryogenic heat transfer and pump technologies, headquartered in France.
CHARLOTTE, N.C., – Honeywell has announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. This represents approximately 14.5x 2024 EBITDA on a tax-adjusted basis. Sundyne is a leader in the design, manufacturing and aftermarket support of highly-engineered pumps and gas compressors used in process industries.