FLS - Mergers and acquisitions

Flowserve Corporation (NYSE:FLS) ("Flowserve" or the "Company"), a leading provider of flow control products and services for the global infrastructure markets, announced today that it has acquired U.K.-based Greenray Turbine Solutions, Ltd. ("Greenray"), a comprehensive provider of aftermarket products and services for industrial gas turbines. Through this acquisition, Flowserve gains access to deep product expertise and durable revenue for a large installed base of mission-critical equipment, with the ability to leverage Flowserve's expansive global network of Quick Response Centers (QRCs) for growth. "Greenray has built a strong reputation for credibility and innovation in servicing gas

CIRCOR International, Inc., a KKR portfolio company and a global manufacturer of flow control products for industrial and aerospace markets, today announced that it has acquired essentially all the operating assets related to the herringbone gear pump product line of Flowserve Corporation (NYSE:FLS). The transaction includes the GAX, GR, & Gearex Series pump lines, which will be fully integrated into CIRCOR's IMO product portfolio following a transition period. There will be no disruption to existing or future customer orders. This acquisition fills targeted product portfolio gaps within CIRCOR's Pumps Americas offering, enhancing its ability to serve established end-markets such as chemi

Enhances Flowserve's severe service portfolio targeting key growth sectors in mining, mineral extraction and process industries Demonstrates company's commitment to value-creating, inorganic growth through a disciplined capital allocation approach Flowserve Corporation ("Flowserve") (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it has completed the acquisition of MOGAS Industries ("MOGAS"). This transaction helps strengthen Flowserve's presence in mission-critical severe service valves and associated aftermarket services. "We welcome the MOGAS team to Flowserve and look forward to leveraging our industr

Flowserve Corporation ("Flowserve") (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, has acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging from NexGen Cryogenic Solutions, Inc. ("NexGen Cryo"), a privately held, Arizona-based company specialized in the engineering, design and testing of LNG pumps and turbines. NexGen Cryo's pump and cold energy recovery turbine (CERT) technology for the liquefaction, shipping and regasification markets is expected to meaningfully differentiate and expand Flowserve's LNG product portfolio and compl