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Announced

Completed

Blue Water Energy completed the investment in Severn Glocon.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Capital Goods

Majority

Domestic

Acquisition

Single Bidder

Private

Private Equity

Friendly

United Kingdom

producing valves

Synopsis

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Blue Water Energy, a private equity firm, completed the investment in Severn Glocon, designer and manufacturer of industrial valves and related products. Financial terms were not disclosed. "I am very proud to step into the role, leading the highly experienced Severn team. Our development plans are now in place and backed by Blue Water Energy. We are confident that our markets are strong and Severn will continue to punch above its weight with specialised products in all of its core markets," Colin Findlay, Severn Glocon CEO.

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