Neles Acquiring Valve and Pump Businesses of Flowrox
Thursday, July 29, 2021
Neles has signed an asset purchase agreement to acquire the valve and pump businesses of the Finland-based technology company Flowrox. The acquisition will complement Neles' offering and exposure to the mining and metals industry.
The mining and metals market is expected to have strong short- and mid-term growth for the next decade, driven by the increasing demand for metals, ore depletion and underlying investments into more efficient processing. More...
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