Trillium Flow Technologies is buying Termomeccanica Pompe SpA, the Italian engineered pump manufacturing firm that serves the ability, desalination, water transmission and oil and gas markets.
The two companies have signed a joint settlement that may bring the Termomeccanica Pompe, Gabbioneta Pumps and Begemann manufacturers collectively underneath the Trillium umbrella in Italy.
When the deal closes, La Spezia-based Termomeccanica will concentrate on growing the ecological and gas compression sectors, where its subsidiaries TME and TMIC function.
Trillium, a portfolio firm of world personal fairness investment firm First Reserve, is the former Weir Flow Control business. The company is a global designer, producer and aftermarket services supplier of engineered valves and pumps used in the water and wastewater, international energy era, oil and gas, mining, and general process industries.
Trillium says that Termomeccanica Pompe’s services and products mixed with its Gabbioneta, Floway, WEMCO, WSP and Roto-Jet Pump offerings uniquely place the corporate to offer clients with an in depth vary of complementary pump merchandise, associated engineering assist, and aftermarket services.
“The acquisition will create a a lot bigger Italian engineered pump producer by combining two sturdy legacy brands with a extremely complementary product portfolio, installed base and service capabilities,” mentioned Paolo Macchi, managing director of Gabbioneta Pumps. “ ไดอะแฟรม might be finest positioned to assist our local and international prospects in a extra complete and impactful way.”
Edoardo Garibotti, managing director of Termomeccanica Pompe, mentioned: “I fully support the venture that brings together a variety of the greatest skills in the sector.”