All product and services will remain unchanged following sale
Contacts
HOUSTON-Monday 1 July 2019 [ AETOS Wire ]
(BUSINESS WIRE) --
Trillium Flow Technologies (“Trillium”), formerly Weir Flow Control
(“WFC”), today announced the completion of its sale from The Weir Group
PLC (“Weir”) to First Reserve, a leading global private equity
investment firm exclusively focused on energy. The sale to First Reserve
was announced in Feb. 2019.
Trillium
Flow Technologies will consist of the same 15 established global pump
and valve brands servicing the power generation, oil and gas, water and
wastewater, mining, and industrial sectors. These include:
Sarasin-RSBD™, Blakeborough®, Atwood & Morrill®, Hopkinsons®, SEBIM™, BDK™, Batley Valve®, AutoTork™, and Tricentric® for valves, and Gabbionetta™, WSP™, WEMCO®, Roto-Jet®, Floway®, and Begeman® for
pumps. Trillium focuses on every stage of the process including design,
installation, and operation utilizing its global footprint and supply
chain, aftermarket parts and service, and seeks to provide unmatched
responsiveness to demanding schedules.
Weir
Flow Control’s prior acting president, David Paradis, will continue to
lead Trillium and his prior management team in his new role as president
and chief executive officer.
Final details of the sale were not made available.
About Trillium Flow Technologies
Trillium
Flow Technologies, formerly Weir Flow Control, is a global designer,
manufacturer and aftermarket services provider of engineered valves and
pumps used in energy and broader industrial applications. Its portfolio
of 15 established brands serves customers in the power generation, oil
and gas, water and wastewater, mining, and industrial sectors. More
information can be found at www.trilliumflow.com.
About First Reserve
First
Reserve is a leading global private equity investment firm exclusively
focused on energy. With over 35 years of industry insight, investment
expertise and operational excellence, the Firm has cultivated an
enduring network of global relationships and raised approximately USD
$32 billion of aggregate capital since inception. First Reserve has
completed over 650 transactions (including platform investments and
add-on acquisitions), creating several notable energy companies
throughout the Firm’s history. Its portfolio companies have operated on
six continents, spanning the energy spectrum from upstream oil and gas
to midstream and downstream, including resources, equipment and
services, and associated infrastructure. Please visit www.firstreserve.com for further information.
Contacts
For media inquiries regarding Trillium, please contact:
Kevin Courser
Galtway Marketing
844.425.8929
kcourser@galtwaymarketing.com
Kevin Courser
Galtway Marketing
844.425.8929
kcourser@galtwaymarketing.com
For media inquiries regarding First Reserve, please contact:
Jonathan Keehner / Julie Oakes
Joele Frank, Wilkinson Brimmer Katcher
212.355.4449
joakes@joelefrank.com
Jonathan Keehner / Julie Oakes
Joele Frank, Wilkinson Brimmer Katcher
212.355.4449
joakes@joelefrank.com