Flowrox Sells Valve and Pump Businesses to Neles
Flowrox, a Finland-based company sold its valve and pump businesses to Neles, a listed Finnish manufacturer of industrial valves. The deal also includes the Flowrox brand. Flowrox’s industrial automation, environmental technologies and filter business are excluded from the acquisition and will continue under a new, later to be announced name and brand.
“In recent years, Flowrox's operations hav