Flowserve Acquires Greenray Turbine Solutions for $72 Million

Reuters
2025.12.16 12:31
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Flowserve Corporation has acquired Greenray Turbine Solutions for $72 million. This acquisition aims to enhance Flowserve's aftermarket capabilities and support growth in power generation and other markets by leveraging Greenray's expertise and Flowserve's global network. The transaction is expected to add approximately $25 million in annual revenue.