Announced
Completed
Synopsis
Trillium Flow Technologies, a provider of valves, pumps and aftermarket services, completed the acquisition of the industrial pumps business of Termomeccanica, a provider of construction services. Financial terms were not disclosed. “The acquisition will create a much larger Italian engineered pump manufacturer by combining two strong legacy brands with a highly complementary product portfolio, installed base, and service capabilities. The joint entity will be best positioned to support our local and international customers in a more comprehensive and impactful way," Paolo Macchi, Termomeccanica Managing Director of Gabbioneta Pumps.
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