Flowserve Completes $490M Acquisition of Trillium Valves Division

Key Highlights

• Flowserve completed the acquisition of Trillium Flow Technologies’ Valves Division (TVD).
• The acquisition was an all-cash transaction for $490 million, plus working capital adjustments.
• TVD is a leading provider of highly engineered mission-critical valves for nuclear, power generation, industrial, and critical infrastructure applications.
• The acquisition strengthens Flowserve's position in global nuclear and power generation markets.
• It advances Flowserve’s 3D growth strategy and is expected to enhance growth and margin expansion.
• The acquired business is expected to have annualized revenue of approximately $200 million.
• Adjusted EBITDA margins for the acquired business are anticipated to be in the high teens.
• The transaction excludes Trillium Valves’ French operations.