On the Record · Flowserve
Flowserve acquisitions, on the record
The businesses Flowserve bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Velan Inc.Word for word“On February 9, 2023 the Company entered into a definitive agreement under which it would acquire all of the outstanding equity of Velan Inc., a manufacturer of highly engineered industrial valves, in an all cash transaction valued at approximately $ 245 million.” 10-K for 2023 | agreed acquisition | February 9, 2023 | approximately $ 245 million |
MOGAS Industries, Inc., MOGAS Real Estate LLC and MOGAS Systems & Consulting LLC (MOGAS)Word for word“On October 15, 2024, we acquired for inclusion in FCD, all of the equity interests of MOGAS Industries, Inc., MOGAS Real Estate LLC and MOGAS Systems & Consulting LLC (such entities collectively, "MOGAS"), for a purchase price of $ 290.0 million, subject to additional closing working capital adjustments of $ 13.0 million and net of cash acquired of $ 3.1 million, and an incremental contingent earn-out payment of up to $ 15.0 million based on MOGAS's achievement of certain financial goals for the calendar year ended December 31, 2024.” 10-K for 2024 | acquisition | October 15, 2024 | $ 290.0 million |
NAF ABWord for word“Effective May 4, 2024, we divested NAF AB, a previously wholly owned subsidiary and control valves business within our Flow Control Division ("FCD") segment, including the NAF AB facility located in Linkoping, Sweden.” 10-K for 2024 | divestiture | Effective May 4, 2024 | — |
BW/IP - New Mexico, Inc.Word for word“Divestiture of Asbestos-Related Assets and Liabilities - On December 11, 2025, Flowserve completed the divestiture of all our legacy asbestos liabilities by selling BW/IP - New Mexico, Inc. ("BWIP"), a Delaware corporation and previously wholly owned subsidiary of the Company that held the liabilities and related insurance assets (the "Asbestos Divestiture"), to a third-party buyer.” 10-K for 2025 | divestiture | On December 11, 2025 | — |
MOGAS Industries, Inc., MOGAS Real Estate LLC and MOGAS Systems & Consulting LLCWord for word“As discussed in Note 2, "Acquisitions," to our consolidated financial statements included in "Item 8. Financial Statements and Supplementary Data" of this Annual Report, effective October 15, 2024, we acquired for inclusion in FCD, all of the equity interests of MOGAS Industries, Inc., MOGAS Real Estate LLC and MOGAS Systems & Consulting LLC (such entities collectively, "MOGAS").” 10-K for 2025 | acquisition | effective October 15, 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $0 | — |
| 2017-12-31 | $0 | — |
| 2022-12-31 | $0 | — |
| 2023-12-31 | $0 | — |
| 2024-12-31 | $305.9 million | $127.2 million |
| 2025-12-31 | $65.9 million | $55.2 million |
Deal filings since 2016
- 2026-05-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-04-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-10-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Flowserve’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.