MICHIGAN CITY, Ind. – Arcline Investment Management, a growth-oriented private equity firm, today announced that it has acquired a controlling stake in Dwyer Instruments from the Clark family and management.
pump industry mergers & acquisitions
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.
VANTAA, Finland - Valmet Oyj (Valmet) and Neles Corporation (Neles) announced that their respective Boards of Directors have today signed a combination agreement (the Combination Agreement) and a merger plan to combine the two companies through a merger (the Combined Company).
Transaction highlights
DAVIDSON, NC — Ingersoll Rand Inc., a global provider of flow creation and industrial solutions, has entered into an agreement to acquire Maximus, a provider of digital controls and Industrial Internet of Things (IIoT) production management systems for the agritech market. The transaction is expected to close in Q3 upon obtaining the required regulatory approvals. Upon transaction close, Maximus will join the PST segment.
DAVIDSON, N.C. -- Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to acquire positive displacement pump manufacturer, Seepex GmbH (Seepex). The all-cash transaction, valued at €431.5 million, is expected to close during Q3 upon obtaining required regulatory approvals.
PLANO, Texas -- Siemens announced that it has acquired Nextflow Software, an independent provider of advanced particle-based computational fluid dynamics (CFD) solutions.
NORTHBROOK, Ill.-- IDEX Corporation announced that it has entered into a definitive agreement to acquire Airtech Group, Inc., U.S.
PARIS - Veolia and Suez announce that their respective boards of directors reached an agreement in principle on April 11 on the key terms and conditions of the merger between the two groups. The deal is worth nearly 13 billion euros ($15.44 billion).
HAMDEN, Conn. – On February 28, 2021, Burt Process Equipment entered into an acquisition agreement with Fluid Handling Dynamics (FHD), a provider of fluid handling equipment, field service and pump repair based in Bryan, Ohio.
Burt Process will expand FHD’s existing infrastructure with the construction of a new state-of-the-art fulfillment, service, and repair center, scheduled to open on April 1st, 2021.
HOUSTON & LONDON -- Baker Hughes has announced it is acquiring ARMS Reliability, a global provider of reliability solutions to some of the world’s large
NACKA, Sweden - Atlas Copco has acquired DGM SRL, an Italian distributor of compressed air equipment and related services. The company’s customers are mainly industrial companies active in the Veneto region in the north-east of Italy.
DAVIDSON, N.C. -- Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, completed the acquisition of Tuthill Vacuum and Blower Systems, a division of Tuthill Corporation. The transaction, completed with cash on hand for $184 million, fits strategically with the company’s portfolio of air compression technologies and operates under the tradenames MD Pneumatics and Kinney Vacuum Pumps.
Economists expect worldwide GDP to return to a significant rate of growth in 2021.
SWEDEN - Alfa Laval – a participant in heat transfer, centrifugal separation and fluid handling – has acquired a 20 percent stake in AMI Global, specialized in end-to-end industrial Internet of Things’ (IoT) solutions for rotating equipment, to further strengthen Alfa Laval’s position in connected services, such as condition monitoring. The signing and closing date was December 31, 2020.
PITTSBURGH -- PPG announced that it has reached a definitive agreement to acquire VersaFlex, a manufacturer specializing in polyurea, epoxy and polyurethane coatings for water
SWITZERLAND - Sulzer AG has signed a binding agreement to acquire Nordic Water for a purchase price of SEK 1.2bn (CHF 128m). Nordic Water is a provider of screening, sedimentation and filtration solutions for municipal and industrial water & wastewater applications. The acquisition adds to Sulzer’s wastewater treatment offering by complementing its equipment portfolio and provides further access to the fast-growing clean water market.
MILWAUKEE, Wisc. – Badger Meter, Inc. (NYSE: BMI) today announced the acquisition of Analytical Technology, Inc. (“ATi”), a privately held provider of water quality monitoring systems, for $44 million, funded with available cash.
EDGEWATER, FLa. - Holland Pump Company, an independent specialty pump rental and dewatering solutions provider, today announced it has completed the acquisition of Complete Dewatering Pumps & Wellpoints - CDPW, based in Edgewater, Florida.