- In January 2024, Watts (U.S.) successfully acquired Josam (U.S.), a leading manufacturer of drainage and plumbing products. Josam offers a wide range of high-quality, tailored products catering to commercial, industrial, and multi-family markets
- In May 2023, Xylem Inc. (US) completed the acquisition of Evoqua Water Technologies LLC (U.S.), a key player in water and wastewater treatment solutions. This acquisition established a cutting-edge platform of capabilities to address critical water-related challenges faced by communities and businesses globally
- In August 2023, Emerson Electric Co. (U.S.) finalized a deal to acquire FLEXIM, a global leader in ultrasonic flow measurement technology for liquids, gases, and steam. This acquisition strengthened Emerson's presence in the flow measurement market, expanding its automation solutions and precision measurement capabilities
- In January 2022, Spirax Group plc (U.K.) acquired Cotopaxi Ltd. (U.K.), an energy consulting firm, and integrated it into its Steam Specialties division. This acquisition, with Cotopaxi's expertise in steam system installations and digital analytics, advanced the company's goal of optimizing customer steam systems for greater operational insights and efficiency
- In September 2022, TLV CO., LTD. (Japan), a leader in steam technology, introduced the FJ32 series of free-float steam traps. These traps are specifically designed for a variety of process applications, such as jacketed pans, heat exchangers, and vulcanizers
