- In February 2024, Beijer Tech, a subsidiary of Beijer Alma, finalized the acquisition of 100% of AVS Power Oy. The Finnish company specializes in pneumatics, industrial valves, and compressors. This acquisition supports Beijer Alma’s strategy to add value and is anticipated to lead to a modest increase in earnings per share
- In February 2024, NDL Industries, based in Canada, launched its largest-diameter stainless-steel ball valve designed for industrial and large commercial transcritical CO2 systems. The valve, featuring a 120 bar rating and operating within a temperature range of -40 to 150°C, is notable for being the first CRN-approved for such systems
- In November 2023, Tecnik Fluid Controls established a joint venture with ITT Industries Inc., based in the United States, to produce industrial valves specifically for the pharmaceutical sector in India. This partnership includes ITT’s investment and transfer of essential technology, enhancing production capabilities in the region
- In July 2023, BDK Valves, in collaboration with Gurukrupa Group, acquired a 100% controlling stake in Theis Precision Steel India Pvt. Ltd. The company, known for its specialty cold rolling of high and medium-carbon steels, serves various market segments and provides customized solutions, strengthening their position in the Indian market
