Flowserve Corp., Dallas, TX, a global supplier of fluid motion and control products and services, has agreed to sell certain product distribution assets of its non-core instrumentation and positioner facility in Karlstad, Sweden, to Indutrade.
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The Karlstad facility provides instrumentation products and systems including gas analyzers, I/O devices, recorders, radiation density meters and other non-core products used for measurement and control of flow processes in industries such as power, paper and machinery.
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Under the terms of the agreement, Indutrade will continue to sell Flowserve’s products and services, which should provide Flowserve wider access to sales channels in the region.
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This agreement enables Flowserve to strengthen its focus on core control valve solutions and manufacturing operations while concurrently opening up some new sales channels for us throughout Sweden and northern Europe,” said Tom Pajonas, president of Flowserve’s Flow Control Division.
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Flowserve Corp. operates in more than 55 countries, producing engineered and industrial pumps, seals and valves as well as a range of related flow management services.