Forum Energy Technologies acquires valve companies
Published by Francesca Brindle,
Editorial Assistant
Hydrocarbon Engineering,
Forum Energy Technologies, Inc. (FET) has announced that it has acquired the assets of Cooper Valves and a 100% ownership interest in Innovate Valve Components.
Based in Stafford, Texas, Cooper Valves manufactures Accuseal® metal seated ball valves engineered to meet Class VI shut off standards for use in severe service applications, as well as a full line of cast and forged gate, globe, and check valves. Innovative Valve Components, in partnership with Cooper Valves, commercialised critical service valves and components for the power generation industry.
Prady Iyyanki, Forum’s President and Chief Operating Officer, commented, “The Cooper Valves and Innovative Valve Components acquisitions fit with our strategy of increasing our product offering to midstream and downstream customers. Importantly, Cooper complements our product offering with high specification, engineered valves. The capabilities of Forum’s Valve Solutions product offering and Cooper Valves are expected to benefit each business as they are integrated. We welcome the Cooper employees to Forum.”
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/10012017/forum-energy-technologies-acquires-valve-companies/
You might also like
The Hydrocarbon Engineering Podcast - Overcoming downstream challenges with new technology
In this episode of the Hydrocarbon Engineering Podcast, Omar Sayeed, Centre of Excellence Leader for Reliability, and Rahul Negi, Director of AI and Industrial Autonomous, Honeywell Process Solutions, consider how new, innovative technology can help to overcome some of the challenges facing the downstream oil and gas sector.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
