(Flowserve, 23.Jul.2024) — Flowserve Corporation acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging from NexGen Cryogenic Solutions, Inc., a privately held, Arizona-based company specialized in the engineering, design and testing of LNG pumps and turbines. NexGen Cryo’s pump […]
Tag: Flowserve Corporation
Flowserve Acquires Velan in $245mn All-cash Deal
(Flowserve, 10.Feb.2023) — Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, and Velan Inc. (TSX: VLN), a leading manufacturer of highly engineered industrial valves, today announced that they have entered into a definitive agreement (the “Arrangement Agreement”) under which Flowserve will […]