Flowserve Acquires Greenray Turbine Solutions for $72 Million

Reuters12-16 20:31

Flowserve Acquires Greenray Turbine Solutions for $72 Million

Flowserve Corporation has completed the acquisition of U.K.-based Greenray Turbine Solutions, Ltd., a provider of aftermarket products and services for industrial gas turbines. The transaction, valued at approximately $72 million in cash, is expected to add around $25 million in annual revenue. By bringing Greenray's expertise into its operations, Flowserve aims to expand its aftermarket capabilities and leverage its global network to support growth in power generation and other key markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flowserve Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251215131997) on December 16, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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