Industrial machinery supplier Flowserve has strengthened its profile in the industrial gas turbines sector after buying UK-based Greenray Turbine Solutions for $72m.
Flowserve forecasts that the acquisition will add around $25m of revenue annually.
Lamar Duhon, President, Flowserve Pumps Division, said Greenray has a strong reputation in servicing gas turbines, and its capabilities provide access to products that are complementary to Flowserve’s rotating equipment portfolio and “critically important” to power generation end-markets.
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