MOGAS INDUSTRIES acquired by FLOWSERVE
Context
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.
MOGAS INDUSTRIES, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.6x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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Target
MOGAS Industries is a specialized industrial manufacturer dedicated to the design and production of mission-critical severe service isolation and control ball valves. The organization’s business model is built on providing highly engineered solutions for the world's most extreme industrial environments, ranging from high-pressure autoclaves in mining to critical safety systems in power generation. Its value proposition is centered on technical durability and a "Total Cost of Ownership" (TCO) approach, offering metal-seated valve technology that significantly outlasts traditional alternatives in abrasive or corrosive conditions. Strategically, the firm focuses on technical innovation in coatings and material science to ensure process integrity and personnel safety across global infrastructures. By maintaining an extensive international service footprint, the entity facilitates the long-term operational maintenance and asset management of large-scale industrial plants. The group serves as a critical partner for enterprises navigating complex mineral extraction and chemical refining cycles.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 150M - 250M EUR
EBITDA range: 25M - 50M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Acquirer: flowserve