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Flowserve Corporation will acquire Trillium Flow Technologies' Valves Division for $490 million, a transaction expected to close mid-2026. This acquisition enhances Flowserve's service capabilities in nuclear and traditional power markets and expands its global installed base.

Trillium's Valves Division is anticipated to generate approximately $200 million in annual revenues and 12.3x adjusted EBITDA multiple for 2025. The acquisition will be financed through cash and debt and is projected to be accretive to adjusted operating income in 2026. The deal will not include Trillium's operations in France.