WEG announced the signing of agreements to acquire Volt Electric Motors (“Volt”), a Turkish manufacturer of industrial and commercial electric motors, a subsidiary of the Saya Group. The acquisition value is US$ 88 million (Enterprise Value – EV), to be paid after the transaction is completed, subject to common price adjustments for this type of […]
Canada’s Thordon Bearings is playing a vital role in providing water to arid regions, with the installation of axial shaft seals and filtration systems to the world’s largest irrigation project, in south central India. The Kaleshwaram Lift Irrigation Scheme (KLIS) in Telangana, India, has been constructed in a region characterized by water scarcity, aiming to […]
Watts Water Technologies, Inc. announced that it has entered into a definitive agreement to acquire Josam Company (“Josam”), a leading provider and manufacturer of drainage and plumbing products for over 100 years. The company offers a comprehensive portfolio of high-quality customized products to a diverse customer base serving commercial, industrial, and multi-family end markets. Josam’s […]
