Posted to News on 7th Dec 2021, 00:00
Severn Group announces acquisition of ValvTechnologies
Severn Group, the global family of specialist high-end valve engineering and manufacturing companies which includes Severn and LB Bentley, has acquired US-headquartered ValvTechnologies, a leader in the design and manufacture of metal-seated, zero-leakage isolation valve solutions for demanding applications.
The deal, which follows the strategic partnership announced in June of this year, represents a step toward Severn Group’s vision to become the leading global severe service valve specialist in the energy and industrials sectors. ValvTechnologies will retain its operational independence, but will benefit from a broader pool of expertise and resources as part of the wider Group, alongside Severn and LB Bentley.
For Severn Group, this acquisition furthers a diversification strategy that will see the family of businesses increase its international presence, widen the industries served, expand its product offering and benefit from a combined approach to delivering on site service support capabilities across all markets.
Perttu Louhiluoto (pictured), CEO of Severn Group, comments: “Our goal is to build an offering that better serves global demand for critical-application valves and aftermarket services in the energy and industrial sectors. We are incredibly confident that this deal will accelerate the growth of ValvTechnologies and the existing Severn Group companies, while significantly elevating our offering to current and prospective customers.
“With extended capabilities including enhanced global reach, product diversity and specialist solutions, we will provide customers with unrivalled support for the operational and assurance needs of their plants.”
