Mergers & acquisitions in the global valves industry - The latest instalment in Constantine Biller's series considers the most recent deals taking place in the valves industry around the world

摘要

Mergers and acquisitions in the valves industry continue to demonstrate that the sector is high on the list of priorities for new investments for both established plaers and outside investors. With many process industries experiencing double-digit growth through 2008, the knock-on effect on suppliers of flow equipment is proving to be extremely positive. As a result, acquisitions are been driven in particular bv the growth prospects of many smaller and mid-sized players which continue to command favourable profits multiples from acquisitive global groups. Multinational plavers such as Melso Corp have been reinforcing their engineering, project management and process know-how with niche acquisitions in key markets. The Finnish supplier of integrated process solutions for the energy, minerals, power generation and pulp and paper industries has acquired MAPAG Valves GmbH, a German designer and manufacturer of high performance butterfly valves used in particularly demanding applications in the air separation, chemicals, liquefied natural gas (LNG), offshore and petrochemical industries.