Flowserve Closes SIHI Buyout, IPD Segment to Gain by 2017
Flowserve Corporation ( FLS ) closed the previously announced buyout of the Itzehoe, Germany-based engineered vacuum and fluid pumps provider, SIHI Group B.V. The transaction was valued at about €298 million ($372.5 million). SIHI Group specializes in providing engineered vacuum and fluid pumps along with related aftermarket services […]