A significant number of monthly valve company acquisitions are currently taking place . To determine the cause and effect of the acquisitions , an analysis has been conducted on the 2022 transactions to date . The findings of this analysis suggest that many have resulted from the pursuit of niche market share leadership .

By Robert McIlvaine , President & Founder – The McIlvaine Company

Recent Valve Acquisitions

To gain the best perspective on how valve company acquisitions have impacted the valve market overall , it is

best to assess each of the larger acquisition individually . The diversification of each company ’ s product offerings and specialties , will position them to grow with the ever progressive industry .

Impact of Individual Acquisitions

Allied Valves

In February of 2022 , Allied Valves acquired Great Lake Process and has therefore gained market niches for distribution in the U . S . It also consolidated four smaller firms into a larger network covering 13 states to better serve customers and provide them with a greater array of brands and product expertise .

A-T Controls brings 30 years of Rugged Industrial Experience to the High Purity market .

Offering includes both Cast and Forged , 2019 BPE Compliant Isolation Valves

HP Forged Series

VAG

VAG will strengthen its market share in Brazil and use that to move into other parts of Latin America with the acquisition of RTS .

IDEX Corporation

The acquisition of KZValve will augment and further expand IDEX ’ s agricultural product portfolio , complementing Banjo Corporation ’ s current fluid management solutions for this market . KZValve will become part of the agriculture group within IDEX ’ s Fluid & Metering Technologies ( FMT ) segment .

Wynchurch Capital

Wynchurch Capital has acquired multiple valve companies including Ladish Valve with specialty valves , pneumatic actuators and gears used in chemical , petrochemical , LNG , refining , renewable , pulp

& paper and other industrial applications .

Priorities are set on higher growth niches . One of those niches is carbon neutral technologies in oil & gas . The fastest growing niche will be carbon negative . Both ITT and Severn made recent acquisitions with this in mind .

ITT

ITT purchased Habonim who is well positioned in the oil & gas industry . The company makes a full range of cryogenic valves which will be advantageous as the industry becomes more focused on carbon capture processes , such as sequestration .

Severn Group

The deal , which follows the strategic partnership announced in June of 2021 , represents a step toward Severn Group ’ s vision to become the leading global se-

H78 Cast Series

Industries :

• Bio-Pharm

• Pharmaceutical

• Sterilization Systems

• Gas Delivery Systems

• Cosmetics / Life Sciences

• Filtration Isolation

• Semiconductors

• Clean Steam

9955 International Blvd . • Cincinnati , OH 45246 • 513.247.5465 • www . atcontrols . com

A LITTLE PUSH FOR ACQUISITIONS

The green movement has certainly acted as an incentive to entre new niche markets . For example , a large CO ₂ sequestration project , which results in carbon neutral power or blue hydrogen , is currently underway at Drax power station in the UK . What makes this project unique is that it is using wood chips as fuel rather than biomass . The trees in Alabama absorb CO ₂ from the atmosphere and are then chopped into chips and sent to Drax . The carbon stored in these chips is then converted to CO ₂ for use in the power plant . Drax is therefore in the process of completing a CO ₂ capture and sequestration plant for such purposes . As Drax , and other companies , have recognized that the green initiative will be prevalent in the industry for the foreseeable future , many are pursuing and becoming specialist in the market . Most environmentalists now embrace these carbon negative processes to meet the greenhouse gas targets faster and at less cost .

22 Valve World Americas | September 2022 • www . valve-world-americas . net