Neles to acquire Flowrox for Eur 40.9 million
HELSINKI, FINLAND: Neles has signed an asset purchase agreement to acquire the valve and pump businesses of the Finland-based technology company Flowrox, a news release said. The purchase price of the valve and pumps businesses is EUR 40.9 million, payable in cash at closing, with an additional orders received-based earn-out consideration of up to EUR…