The Online Investor
Industrial Machinery & Equipment M&A image Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Fri., Jun. 9, 7:43 AM Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.

Slide #52. Flowserve Corp. Innovative Mag-Drive, LLC

Acquirer: Flowserve Corp. (NYSE:FLS)
Acquiree: Innovative Mag-Drive, LLC
Details: Flowserve Corp. (NYSE:FLS), a global leader in the fluid motion and control industry, announced today it has acquired Innovative Mag-Drive, LLC, or Innomag(TM), a privately owned American manufacturer of advanced sealless magnetic drive centrifugal pumps used primarily in the chemical and general industries.

Flowserve is a manufacturer and aftermarket service provider of flow control systems. Co. develops and manufactures flow control equipment integral to the movement, control and protection of the flow of materials in its customers' processes. Co. has two segments: Flowserve Pump Division, which designs, manufactures, pre-tests, distributes and services custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts and upgrades and related aftermarket services; and Flow Control Division, which designs, manufactures, distributes and services a portfolio of flow control solutions.

FLS SEC Filing Email Alerts Service


Open the FLS Page at The Online Investor »

Company Name: 
Flowserve Corp
Stock buyback: 
FLS buyback
Website: 
www.flowserve.com
Sector: 
Industrial Machinery & Equipment
Number of ETFs Holding FLS: 
60
Total Market Value Held by ETFs: 
$833.43M
Total Market Capitalization: 
$4.61B
% of Market Cap. Held by ETFs: 
18.06%
 

Open the FLS Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree FLS Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Buy (2.80 out of 4)
16th percentile
(ranked lower than approx. 84% of all stocks covered)

Analysts' Target Price:
FLS Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Industrial Machinery & Equipment M&A - Slide 52 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2023, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.