Flowserve completed the acquisition of MOGAS Industries for $305m.

Flowserve, a flow control products and services provider, completed the acquisition of MOGAS Industries, a mission-critical severe service valves and associated aftermarket services provider, for $305m. “We welcome the MOGAS team to Flowserve and look forward to leveraging our industry-leading scale to expand the MOGAS severe service portfolio and aftermarket services to customers around the world. This acquisition accelerates growth under our 3D strategy and enhances our valve aftermarket business with MOGAS’ large installed base,” Scott Rowe, Flowserve President and CEO.