HELSINKI, Finland -- Wärtsilä has announced plans to acquire a US-based energy storage technology and solutions company in a bid to expand its energy storage and systems footprint.
The company will acquire Greensmith Energy Management Systems Inc. for an undisclosed amount. According to a release, the transaction is expected to occur by July 2017.
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WINTERTHUR, Switzerland -- Sulzer last week announced plans to acquire a New Zealand pharmaceutical delivery company to round out its Applicator Systems division.
Sulzer has signed a binding agreement to acquire Simcro, a 230-employee company that manufactures animal pharmaceutical delivery devices such as injectors and applicators for livestock and companion animals. A Sulzer release values the acquisition at NZD 132 million.
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DALLAS -- Flowserve has elected Roger Fix as its new chairman following the retirement of previous Board of Directors Chair Bill Rusnack.
Fix has served as a Flowserve director since 2006, according to a report on worldpumps.com. He was originally elected to the Board of Directors in 2006.
Previously, Fix was president and chief executive officer of Standex International Corporation.