MOGAS INDUSTRIES acquired by FLOWSERVE

Flowserve Corporation has successfully finalized the acquisition of 100% of MOGAS Industries, integrating the entity into its Flow Control Division. This strategic transaction marks a major milestone in the execution of the group's 3D growth strategy, specifically targeting the expansion of its severe service valve portfolio in high-demand sectors such as mining and mineral extraction. The strategic rationale for the acquisition centers on the high degree of complementarity between the target’s specialized metal-seated valve technology and the group’s existing global distribution and aftermarket service scale. By incorporating the target's significant installed base and specialized R&D capabilities, the group reinforces its value proposition as a primary provider of mission-critical flow management for the world's harshest operating environments. The partnership is designed to unlock substantial industrial synergies through procurement optimization and footprint consolidation while accelerating the group’s presence in the lucrative valve repair and maintenance market. This integration consolidates the group’s vision of delivering technically differentiated scale across the global industrial landscape, providing the operational depth required to support large-scale infrastructure modernization and the global energy transition.