LANSDALE, Penn. – Greene Tweed has announced the appointment of Magen Buterbaugh to president and CEO of Greene Tweed effective January 3, 2023. Buterbaugh brings two decades of experience in progressive management and has a long track record of leading cross-functional teams in a variety of industries and markets, from large corporations to start-ups. She replaces Kevin Lukiewski, who retired at the end of 2022.

MONTREAL, Quebec – SmartD has announced that Mike Sabinash will be joining the team as vice president of business development. Sabinash brings extensive experience in solving customers issues and bringing to market cutting edge industrial technology. He will be focused on building their partner network in North America and supporting their key OEM accounts.

 

BJERRINGBRO, Denmark – Grundfos has signed an agreement with Grundfos Russia local management members to acquire the two Grundfos legal entities in Russia. The transaction allows the new owners to run a non-Grundfos business in Russia and Belarus. The Grundfos brand and other Grundfos Intellectual Property Rights are not part of the divestment and will therefore remain fully in Grundfos’ ownership.

DAVIDSON, N.C. – Ingersoll Rand Inc. has completed the acquisition of SPX FLOW’s Air Treatment business in an all-cash transaction of approximately $525 million.

The Air Treatment business adds a highly complementary product portfolio of energy efficient compressed air dryers, filters and other consumables with a high attachment rate to Ingersoll Rand’s core compressor product offering.