Ajay Bairagi

Flowserve Corporation and Chart Industries Inc have terminated their previously announced merger agreement. This follows the Flowserve board of directors’ decision not to submit a revised offer to merge with Chart, after being notified that Chart’s board had determined that a recent unsolicited acquisition proposal from Baker Hughes constituted a “superior proposal” under the terms

DXP Enterprises Inc has completed the acquisition of Moores Pump & Services Inc, a Louisiana-based provider of products and services including fabrication and repairs of rotating equipment and pumping systems. Founded in 1972, Moores is headquartered and operates in Broussard, Louisiana, and services the Gulf Coast region of the US. Moores had sales of approximately

Swedish heat pump manufacturer Aira has announced €150 million equity financing to accelerate the electrification of residential heating across Europe. The investment is secured from existing investors Altor, Kallskär1, Kinnevik, Lingotto and Temasek. Since launching in June 2023, Aira has expanded into Germany, Italy, and the UK, with an annual sales run-rate of €200 million.

AxFlow has acquired Advanced Pump Technologies Pty Ltd (APT Water), a distributor of fluid handling equipment and pump systems in Western Australia. Established in 2006, Perth-based APT Water designs and supplies pumps and turnkey solutions for industries including mining, industrial, agriculture, irrigation, and residential and commercial building services. The company’s product offering includes surface, submersible

Penn Pump and Equipment Company, a Peak Capital Inc company, has acquired Pennsylvania-based Alyan Pump and Federal Pump of New York. The acquisition aligns with Penn Pump’s commitment to growth through strategic expansion of its capabilities and strengthens its position as a manufacturer of specialized pump systems. The deal also expands its product portfolio and

CCC, Canada’s government-to-government contracting agency, has been awarded a contract by the United States Department of Defense (US DoD) for 605 MARK-3 Watson Edition firefighting pumps manufactured by Montreal-based Waterax. As part of CCC’s contract, Waterax will supply the firefighting water pumps to the US Defense Logistics Agency (DLA) – Troop Support. Quebec’s Waterax is

Grundfos has finalized the acquisition of the US water and wastewater treatment solutions company Newterra from the private equity firm Frontenac. Pittsburgh-based Newterra designs, engineers, manufactures, and services environmental, water, and wastewater treatment solutions for municipal and industrial customers across diverse applications including drinking water, industrial process water, wastewater, stormwater, and remediation. Newterra has four

Circor International Inc has signed a definitive agreement to acquire Indian pump manufacturers Swelore Engineering Pvt Ltd and Hiro Nisha Systems Pvt Ltd. The two Indian pump companies have a combined legacy of over 50 years serving critical applications across chemical, water/wastewater, and oil & gas markets. With the acquisition, Circor, which is a KKR

 Roto pumps India had received a major order for 23 pumps installed at a 360 MLD (Million Litres per Day. sewage treatment plant in Mumbai.  Sewage treatment presents complex challenges for pumping systems. The medium typically contains a dense mix of sludge, abrasive grit, fibrous solids, and organic waste, all of which are highly demanding on equipment. Conventional pumps often struggle with:  • Frequent clogging and downtime  • Excessive wear and tear from abrasives  • Reduced efficiency due to inconsistent  flow  • High maintenance and operational costs  To overcome these hurdles, Roto deployed its RLCC progressive cavity pumps, specifically designed for high-viscosity, abrasive, and solid-laden  media. These pumps provide Superior handling of thick and abrasive sludge without clogging. With this deployment,  Roto Pumps continues to support India’s wastewater infrastructure with tailored, reliable, and  future-ready pumping solutions.