United Kingdom, 23rd June 2021: Severn Glocon and ValvTechnologies have reached an agreement to form a strategic partnership that will see collaboration between two of the world’s leading engineering and manufacturing companies specializing in innovative, high-end, severe-service valves.
Subject to regulatory approval in the U.S., Severn and ValvTechnologies strategic partnership will combine the brands’ distinctive and complementary capabilities to extend the global reach, product offerings and customer service of both companies. Backed by Bluewater, the international energy private equity firm, the collaboration will see many customer and sales synergies that will offer significant added value to the marketplace.
Headquartered in the UK and with premises worldwide, notably manufacturing facilities in India, Severn specializes in control, choke and small-bore subsea valves for the energy industry. Headquartered in Houston, Texas, ValvTechnologies also has premises worldwide, and is the global leader in the design and manufacture of metal-seated, zero-leakage, severe-service valve solutions for the harshest applications.
Kevin Hunt, President at ValvTechnologies, comments: “Both Severn and ValvTechnologies have a long history of mutual respect. Now, working more closely together, we can provide a broader range of engineered solutions to the severe-service marketplace. That’s great news for our customers.”
Steve Waugh, Chairman of Severn, adds: “Each company has been founded on technical prowess and commitment to innovation. Through this new combined force for the global valve market, we believe we will provide an enviable range of solutions and services in our industries.”
Founded in 1961 and headquartered in Gloucester, United Kingdom, Severn Glocon is a leading manufacturer of control valves and related products worldwide. The company offers a wide range of severe service control, choke and general service valves, associated actuators and peripheral equipment, bespoke built special application control & choke valves, providing valve management as well as general engineering support services to oil and gas, LNG, power and other process plant users.
Founded in 1987 and headquartered in Houston, Texas, ValvTechnologies is the leading manufacturer of zero-leakage, high-performance isolation valve solutions providing an unsurpassed level of severe service isolation services and reliability to customers in the fossil power, nuclear generation, upstream oil and gas, downstream and chemical processing, mining and minerals, pulp and paper and other specialized industries.
About Bluewater Bluewater is a specialist international private equity firm focused on the middle-market energy sector. Its experienced investment and operating professionals drive value creation as they manage $2.5billion of investment across a portfolio of 22 companies. Today it has a prime focus on projects or technologies that contribute to the energy transition agenda, and works to a diversified investment strategy based on the principles of sustainability and close working partnerships with best-in-class management teams. It has a strong focus on ESG, and is a signatory to the UN Principles for Responsible Investment.