Trillium Flow Technologies is shopping for Termomeccanica Pompe SpA, the Italian engineered pump manufacturing firm that serves the facility, desalination, water transmission and oil and fuel markets.
ไดอะแฟรม ซีล have signed a joint agreement that will bring the Termomeccanica Pompe, Gabbioneta Pumps and Begemann manufacturers together underneath the Trillium umbrella in Italy.
When the deal closes, La Spezia-based Termomeccanica will give attention to developing the ecological and gasoline compression sectors, the place its subsidiaries TME and TMIC operate.
Trillium, a portfolio firm of global personal equity investment agency First Reserve, is the former Weir Flow Control enterprise. The company is a world designer, manufacturer and aftermarket companies provider of engineered valves and pumps used in the water and wastewater, world energy generation, oil and gas, mining, and common course of industries.
Trillium says that Termomeccanica Pompe’s services mixed with its Gabbioneta, Floway, WEMCO, WSP and Roto-Jet Pump offerings uniquely place the company to offer customers with an intensive range of complementary pump merchandise, associated engineering help, and aftermarket companies.
“The acquisition will create a a lot bigger Italian engineered pump producer by combining two strong legacy manufacturers with a extremely complementary product portfolio, put in base and service capabilities,” mentioned Paolo Macchi, managing director of Gabbioneta Pumps. “The joint entity shall be best positioned to help our local and international customers in a extra complete and impactful means.”
Edoardo Garibotti, managing director of Termomeccanica Pompe, mentioned: “I fully support the venture that brings collectively a number of the best expertise in the sector.”
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