BRIEF-Andritz To Take Over Flowserve Corporation's NAF AB business

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Oct 25 (Reuters) - ANDRITZ AG ANDR.VI:

  • COMPLEMENTS ITS PROCESS CONTROL PRODUCT PORTFOLIO BY ACQUIRING NAF VALVE BUSINESS

  • HAS SIGNED AN AGREEMENT WITH FLOWSERVE CORPORATION BASED IN TEXAS, USA, TO TAKE OVER ITS NAF AB BUSINESS

  • THE CLOSING IS EXPECTED TO TAKE PLACE IN Q1 2024

  • THE COMPLETION OF THE TRANSACTION IS SUBJECT TO APPROVAL BY THE RESPECTIVE AUTHORITIES

Further company coverage: ANDR.VI


(Gdansk Newsroom)

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