Valmet Acquires Severn Group to Strengthen Process Performance Solutions

Severn Group Acquires ValvTechnologies

November 6, 2021

Manufacturing

Severn Group has acquired ValvTechnologies, a Houston-based leader in metal-seated, zero-leakage isolation valves, expanding the group's severe-service valve capabilities and aftermarket services. The deal was funded by private equity firm Bluewater (which invested in Severn Group in 2019) and is intended to broaden Severn's international presence and end-market coverage while ValvTechnologies retains operational independence.

Flowserve Corporation Acquires Velan Inc. for Approximately $245M

February 10, 2023

Manufacturing

Flowserve Corporation agreed to acquire Velan Inc. in an all-cash transaction valued at approximately $245 million (C$329 million), including assumption of outstanding debt. The acquisition adds Velan's engineered industrial valve products, aftermarket opportunities and technical expertise—particularly in nuclear, cryogenic and defense markets—to Flowserve's Flow Control Division and is expected to deliver cost synergies and be accretive to adjusted EPS in the first full year after close.

Graybar Acquires Valin Corporation

May 1, 2023

Industrial Services

Graybar has entered into an agreement to acquire Valin Corporation, a San Jose–based distributor of automation, filtration, fluid handling, heating and process control products and systems that operates 12 locations across the western and southwestern United States. Valin will continue to operate under its existing name and leadership team as a Graybar subsidiary; the transaction was expected to close May 1, 2023.

Valsoft Corporation Acquires JBL Solutions

September 13, 2023

Cloud & SaaS

Valsoft Corporation has acquired JBL Solutions, an industry-specific SaaS publisher serving distribution and light fabrication customers; the transaction closed on September 13, 2023. JBL Solutions, based in Baton Rouge, Louisiana, serves 225+ active accounts (with ~60% repeat business); Valsoft will integrate the business into its portfolio of vertical-market software companies to expand its industrial ERP offerings.

Valmet Acquires Majority Stake in FactoryPal from Körber

August 1, 2024

Software

Valmet has closed an agreement to acquire a majority of the shares in FactoryPal, a Körber digital subsidiary, with FactoryPal continuing to operate as its own legal entity under the existing brand. The acquisition strengthens Valmet's Industrial Internet and digital services—adding FactoryPal's AI-driven shopfloor software to support tissue mills and other manufacturing customers.

BUHLMANN Group Acquires Lockwood Partners

April 24, 2023

Industrial Services

The BUHLMANN Group has acquired Lockwood Partners, a Pasadena, Texas–based distributor of valves, pipes, fittings and flanges, effective retroactively from January 1, 2023. The 36-employee business will expand BUHLMANN's presence in the United States—supporting Gulf Coast petrochemical, midstream and downstream customers for MRO and EPC projects.