Flowserve closes $490M acquisition of Trillium Flow Technologies' Valves Division

FLOWSERVE CORP

All-cash deal closed June 30, 2026 for $490M plus working capital adjustments.
TVD provides mission-critical valves for nuclear, power, industrial, and infrastructure markets.
Acquired business expected to generate ~$200M annualized revenue with high-teens adjusted EBITDA margins.
Strengthens Flowserve's position in nuclear and power generation flow control markets.
Integration will apply Flowserve Business System and 80/20 principles to drive margin expansion.

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