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ITT Inc. announced it has acquired privately-held Habonim for $140 million in an all-cash transaction. Habonim will become part of ITT’s Industrial Process (IP) segment. The acquisition closed in the second quarter of 2022 and is expected to be accretive to ITT’s consolidated EBITDA margin. Based in Kfar HaNassi, Israel, Habonim is a leading designer and manufacturer of valves, valve automation and actuation for the gas distribution (including LNG), biotech and harsh appRead more...

SCF Partners, Inc. is pleased to announce its acquisition of DeltaValve and TapcoEnpro from CIRCOR International, Inc. DeltaValve and TapcoEnpro are long-standing, trusted brands, founded in 1982 and 1946 respectively, and are industry leading manufacturers of highly engineered, severe-service industrial valves supporting global energy infrastructure. Headquartered in Salt Lake City, Utah, DeltaValve provides differentiated patented solutions for delayed coking units used in critical energy iRead more...