Announced
Completed
Synopsis
Severn Group, a family of specialist high-end valve engineering and manufacturing companies, completed the acquisition of ValvTechnologies, a designer and manufacturer of metal-seated, zero-leakage isolation valve solutions for demanding applications. Financial terms were not disclosed. "By joining Severn Group, we mark an incredibly exciting step in ValvTechnologies’ evolution. Our collective heritage in delivering engineering solutions for demanding applications will bring a strengthened offering to the market at a critical time for customers. Traditional core imperatives of safe operations and minimum downtime are increasingly coupled with a commitment to sustainability, and meeting these demands requires expert knowledge of asset life-cycle and process conditions. In joining Severn Group, this is exactly what we deliver – intimate knowledge of day-to-day operations, combined with relentless commitment to innovating severe service valve solutions for the future,"
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