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Accelerates Flowserve’s 3D Strategy and provides meaningful aftermarket revenues Velan brings a highly complementary valve portfolio to Flowserve’s FCD segment Transaction expected... | February 10, 2023
Flowserve Corp has entered into a definitive agreement to acquire Velan Inc, the Canadian manufacturer of highly engineered industrial valves, in a US$245 million (C$329 million) cash deal.
The Valve Manufacturers Association of America (VMA) membership have elected the 2022–2023 board of directors.
Equities research analysts forecast that Flowserve Co. (NYSE:FLS – Get Rating) will post $889.87 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Flowserve’s earnings, with estimates ranging from $877.70 million to $900.77 million. Flowserve reported sales of $898.18 million during the same quarter last […]
Flowserve Co. (NYSE:FLS – Get Rating) has received an average rating of “Buy” from the eleven brokerages that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among analysts that […]