Flowserve completed the $490 million all-cash acquisition of Trillium Flow Technologies’ Valves Division, adding a specialized valves portfolio and ~ $200 million annualized revenue.
Key Highlights:
- Acquisition closed for $490 million in cash plus working capital adjustments to buy Trillium’s Valves Division.
- Deal expands Flowserve’s presence in nuclear, power generation, industrial and critical infrastructure markets.
- Acquired business expected to generate approximately $200 million annualized revenue post-adjustments.
- Flowserve anticipates adjusted EBITDA margins in the high teens for the acquired business.
- Integration will use Flowserve Business System and 80/20 operating principles to improve performance and margins.
Original SEC Filing:
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