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CIRCOR Acquires Italian Tech Firm Green Silence
30 Oct
Summary
- CIRCOR is acquiring Italian company Green Silence Group.
- The acquisition boosts CIRCOR's industrial portfolio with new pump and motor tech.
- The deal is expected to conclude in early 2027.
CIRCOR, a KKR portfolio company and manufacturer of flow control products, has signed an agreement to acquire Green Silence Group S.p.A., an Italian specialist in hydraulic pumps, electric motors, and advanced engineering. This acquisition is poised to bolster CIRCOR's industrial solutions by incorporating Settima's three-screw pumps, Motive's electric motors, and other high-efficiency technologies.
The integration of Green Silence Group's capabilities is expected to improve system efficiency and reduce reliance on critical raw materials for industrial and mobile applications. This strategic combination will also grant Green Silence Group access to CIRCOR's extensive global network, facilitating international growth and market expansion.
The transaction is scheduled to finalize in the first quarter of 2027, pending regulatory approvals. Green Silence Group will be integrated into CIRCOR's Industrial Pumps Europe business, with its employees joining an employee ownership program, fostering shared growth and value creation.
