Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Flowserve Completes Divestiture Of Gestra AG Business Unit

Flowserve
Flowserve

Flowserve Completes Divestiture Of Gestra AG Business Unit

Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced it has completed the sale of its Gestra AG business unit to Spirax-Sarco Engineering plc (LON: SPX), a leading provider of steam system solutions. Details of the sale were previously announced on April 3, 2017.

The sale is part of an ongoing effort by Flowserve to better align and optimize its product portfolio and manufacturing footprint, focusing on core business objectives that will allow the company to be more competitive when key industry markets return.

About Flowserve: Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company’s Web site at www.flowserve.com.

 

Related Articles

Related Whitepapers

Design Optimization of Jet Fuel Pump for Aviation

Jet fuel pumps play a critical role in the safe and efficient operation of commercial aviation. The performance and reliability of these pumps directly impact…

The Cost Of Downtime In Manufacturing [Infographic]

Downtime can be the most expensive element of any manufacturing operation. Here are some important facts and tips you should know to cut down on…

AFT Fathom used to Model Central Heating Cycle of a State-of-the-art Combined Heat and Power Plant

Kerem Algüzey, design engineer at ENKA Insaat ve Sanayi A.S., used AFT Fathom to simulate the central heating cycle to inform the design of the…

Driving Energy Savings a Commercial Facility Energy Upgrade Project

Upgrading to Design Envelope pumps helped GAC save energy costs of 20,000 AED in the first year. Armstrong’s Pump Manager service provides reports and notifications…

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *