en.Wedoany.com Reported - Flowserve has completed the acquisition of Trillium Flow Technologies' Valves Division (TVD) for $490 million in an all-cash deal, expanding its portfolio of engineered flow control products and services in global energy and industrial markets.

The transaction brings Trillium's portfolio of critical mission valves, actuators, and flow control equipment under Flowserve's umbrella, enhancing its capabilities in traditional and emerging energy applications as well as industrial infrastructure. Trillium's valve business in France is not included in this acquisition.

Flowserve noted that the acquisition not only broadens its product line but also expands its service and aftermarket coverage. Trillium's installed base and specialized valve technology are expected to complement Flowserve's existing portfolio, strengthening its position in key end markets.

"We are pleased to welcome the Trillium valve team to Flowserve," said Scott Rowe, President and CEO of Flowserve. "We have positioned Flowserve to identify and win in industry sectors that offer sustainable, profitable long-term growth. Trillium strengthens our position in accelerating energy and industrial markets, allowing us to deepen the close customer relationships we have already established." Flowserve plans to leverage its Flowserve Business System to complete the integration and implement operational improvement initiatives to enhance efficiency and profitability.

According to the company, the acquired business generates annualized revenue of approximately $200 million, with an expected post-integration adjusted EBITDA margin of 15% to 19%. Flowserve stated that the acquisition advances its long-term growth strategy through disciplined capital allocation while expanding its engineered flow control technology portfolio to serve customers in energy, industrial, and critical infrastructure markets.