IN FOCUS

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).

Gas turbine owners will spend $2 billion for new valves and $1.5 billion for service and repair of valves in 2017. This is the latest forecast in Industrial Valves: World Markets and 59EI Gas Turbine and Combined Cycle Supplier Program.

Atlas Copco, a leading supplier of sustainable productivity solutions, has appointed Helena Hedblom as President for the Mining and Rock Excavation Technique business area, starting January 1, 2017. She is currently President of the Rock Drilling Tools division in the same business area. Helena Hedblom will be a member of Atlas Copco’s Group Management.

Beginning December 2016, Kristina Effler will assist marine customers navigating ballast water treatment alternatives as the new Global Business Manager for Alfa Laval PureBallast. Effler assumes the role just as the global shipping industry prepares for the implementation of the IMO BWM Convention’s entry into force in September 2017.

Andreas Schweitzer, head of Sales at Hermann Sewerin GmbH, has been appointed as chairman of the advisory committee of Wasser Berlin International and succeeds Jörn Winkels.

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).

For the past sixteen years, the BPMA’s Pump Industry Awards Programme has been recognising the best performing companies, products and people for their achievements and positive contributions.

The Gorman-Rupp Company reports financial results for the third quarter and nine months ended September 30, 2016.

National Oilwell Varco reported a third quarter 2016 net loss of $1.36 billion, or $3.62 per share. Excluding other items, net loss for the quarter was $128 million, or $0.34 per share. Other items totaled $1.09 billion, pretax, consisting of a $972 million goodwill impairment and $116 million of other charges primarily associated with severance, facility closures and write-offs of certain assets.