Acquisition of valve specialist
Hamworthy has acquired 100 per cent of the issued share capital of AW Flow Holdings Limited and its subsidiary undertakings, a UK based specialist valve manufacturer for the oil and gas sector.
AW Flow includes the well-known brands of Shipham Valves, Leeds Valve, John Mills Valves and Robert Cort. Its range of valves is said to be highly complementary to Hamworthy's existing pump range and the acquired business will be merged with the Group's Pumps Systems business to form a new division, Hamworthy Flow Solutions.