Trillium Flow Technologies is buying Termomeccanica Pompe SpA, the Italian engineered pump manufacturing firm that serves the power, desalination, water transmission and oil and gas markets.
The two firms have signed a joint agreement that can deliver the Termomeccanica Pompe, Gabbioneta Pumps and Begemann manufacturers collectively under the Trillium umbrella in Italy.
When the deal closes, La Spezia-based Termomeccanica will focus on developing the ecological and gasoline compression sectors, where its subsidiaries TME and TMIC operate.
Trillium, a portfolio firm of global private equity investment agency First Reserve, is the former Weir Flow Control enterprise. The firm is a worldwide designer, producer and aftermarket services provider of engineered valves and pumps used in the water and wastewater, global energy generation, oil and gas, mining, and general course of industries.
Trillium says that Termomeccanica Pompe’s products and services 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, related engineering assist, and aftermarket services.
“The acquisition will create a a lot larger Italian engineered pump producer by combining two strong legacy brands with a extremely complementary product portfolio, put in base and repair capabilities,” mentioned Paolo Macchi, managing director of Gabbioneta Pumps. “ เพรสเชอร์เกจ might be finest positioned to help our native and international clients in a more comprehensive and impactful way.”
Edoardo Garibotti, managing director of Termomeccanica Pompe, stated: “I absolutely support the project that brings together some of the best abilities in the sector.”
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