Flowserve, a flow control products and services provider, agreed to acquire MOGAS Industries, a mission-critical severe service valves and associated aftermarket services provider, for $305m. “There is no better cultural and strategic fit for our family’s 50-year-old business than joining with Flowserve, a company that shares our unwavering commitment to customers, people, and products. Our employees, who are at the heart of our success, will benefit from the alignment of values and opportunities for growth within a larger organization,” Matt Mogas, MOGAS Industries President and CEO.