Neles’ acquisition of the valve and pump businesses of Flowrox completed
Neles Corporation’s press release on November 1, 2021 at 03.00 p.m. EETNeles’ acquisition of the valve and pump businesses of the Finland-based technology company Flowrox has been successfully completed. With this acquisition, Neles expands its offering and exposure to the mining and metals industry. “Diversification of our customer industries is a key component of Neles’ strategy. Flowrox is a well-known niche player in flow control within mining and metals, and it has the right offering and very strong competence and know-how. This acquisition will enable Neles to better leverage the