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Trillium Flow Technologies is shopping for Termomeccanica Pompe SpA, the Italian engineered pump manufacturing firm that serves the ability, desalination, water transmission and oil and fuel markets.
The two companies have signed a joint agreement that may bring the Termomeccanica Pompe, Gabbioneta Pumps and Begemann manufacturers collectively beneath the Trillium umbrella in Italy.
When the deal closes, La Spezia-based Termomeccanica will concentrate on developing the ecological and gas compression sectors, where its subsidiaries TME and TMIC function.
Trillium, a portfolio company of global private equity funding firm First Reserve, is the former Weir Flow Control enterprise. The company is a world designer, producer and aftermarket providers provider of engineered valves and pumps used in the water and wastewater, international power technology, oil and gas, mining, and general course of industries.
digital pressure gauge says that Termomeccanica Pompe’s services and products combined with its Gabbioneta, Floway, WEMCO, WSP and Roto-Jet Pump offerings uniquely place the company to provide clients with an in depth vary of complementary pump merchandise, associated engineering support, 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,” stated Paolo Macchi, managing director of Gabbioneta Pumps. “The joint entity shall be best positioned to support our local and worldwide customers in a more comprehensive and impactful method.”
ไดอะแฟรม , managing director of Termomeccanica Pompe, stated: “I fully help the challenge that brings together some of the finest skills in the sector.”
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