Flowserve
Flowserve is a company that is part of the pulse of the water sector. Here we bring together everything it publishes on Smart Water Magazine: its news, its blogs and the events it takes part in.
Flowserve acquires MOGAS
Enhances Flowserve’s severe service portfolio targeting key growth sectors in mining, mineral extraction and process industries.
Flowserve acquires MOGAS for $290 million
Strategically expands severe service flow control offering in attractive mining, mineral extraction and process industries. Highly complementary product and service offering with large installed base that meaningfully enhances Flowserve’s aftermarket opportunity.
Flowserve acquires LNG Pumping Technology
Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, has acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging from NexGen Cryogenic Solutions, Inc. (“NexGen Cryo”), a privately held, Arizona-based company specialized in the engineering, design and […]
Flowserve appoints Cheryl H. Johnson to Board of Directors
Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, announced that its board of directors has elected Cheryl H. Johnson as a member of its board of directors, effective December 8, 2023. Ms. Johnson will also be appointed to the organization and compensation committee, as well as the finance […]
Flowserve to acquire Velan valued at $245 million
Accelerates Flowserve’s 3D Strategy and provides meaningful aftermarket revenues. Velan brings a highly complementary valve portfolio to Flowserve’s FCD segment. Transaction expected to be accretive to Flowserve’s Adjusted EPS in first full year after close. Transaction provides compelling value to Velan shareholders following an extensive and robust review of strategic options. Velan shareholders to receive C$13.00 in cash per multiple voting and subordinate voting share, representing a significant premium to Velan’s 30-day volume weighted price.
Flowserve partners with Gradiant to accelerate growth in the water technology market
Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, has entered into a non-exclusive partnership agreement with Gradiant to help address the most challenging problems in water and wastewater treatment. Flowserve has more than two centuries of experience serving the global water industry, providing low maintenance, energy efficient […]
Flowserve appoints Amy Schwetz as Chief Financial Officer
Flowserve Corporation appoints Amy B. Schwetz as senior vice president and chief financial officer. "Amy is a seasoned executive having served in various senior financial leadership roles over a 20-year career. She is a proven public company CFO who will leverage her significant operational and global experience to drive continued financial improvements for Flowserve and our shareholders," […]
Flowserve to provide equipment for two large reverse osmosis desalination projects
Flowserve Corporation has recently signed agreements to provide the main pumps for two large sea water reverse osmosis (SWRO) desalination plants, Taweelah and Rabigh-3. Once completed, the Taweelah plant, located just outside of Abu Dhabi, United Arab Emirates (UAE), will be the largest SWRO project in the world and have the capacity to process 909,200 […]