IN FOCUS

Sulzer announces that it has completed the acquisition of Ensival Moret (EM), a part of Moret Industries. Sulzer will immediately start to integrate EM in its Pumps Equipment division. Combining the complementary product portfolios enables Sulzer to become a full line supplier in most industrial process applications.

Coimbatore, India-based pumps and systems manufacturer Ekki Group s shareholders have completed the acquisition and integration of Deccan Pumps Private Ltd, a leading provider of sump submersibles, monoblocs and surface pumps.

National Oilwell Varco has completed its previously announced acquisition of Fjords Processing, a global leader in the provision of processing technology, systems and services to the upstream oil and gas industry.

Lewa GmbH has signed a purchase contract with Seko Middle East FZE, a wholly-owned subsidiary of Seko S.p.A. The object of the agreement was the takeover of the entire plant, including all assets and the chemical injection package (CIP) business for the oil and gas sector, the (petro-) chemical industry and the power plant sector.

Watson-Marlow Fluid Technology Group strengthens its product portfolio through the acquisition of Aflex Hose Limited.

Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of the self-pierce riveting business of Phillip-Tech (Beijing).

On November 25, 2016, Sulzer entered into exclusive discussions with Moret Industries to acquire the pump manufacturer Ensival Moret, a part of Moret Industries. The enterprise value for the proposed transaction is EUR 80 million (CHF 85 million).

Tencarva Machinery Company LLC, based in Greensboro, N. C., has acquired Dixie Pump & Machine Works in Brookhaven, Miss., plus the assets of a portion of Predictive Maintenance Consultants in Brookhaven, from owners Reggie Allen and Collins Allen, of Brookhaven, according to Edwin W. Pearce, III, president of Tencarva.

Pentair announced it has reached an agreement to sell its Valves & Controls business to Emerson (NYSE: EMR). The cash purchase price is $3.15 billion, subject to customary working capital adjustments. The transaction is anticipated to be completed late in 2016 or early in 2017 and is subject to customary closing conditions and necessary regulatory approvals.

Sulzer announces that it has completed the acquisition of Geka. Through this transaction, Sulzer will double the size of its most profitable business unit, Sulzer Mixpac Systems (SMS).