Flowserve Corporation has entered into a definitive agreement to acquire Trillium Flow Technologies’ Valves Division (TVD) for approximately €450 million in cash, significantly strengthening its position in nuclear energy, conventional power generation, and other critical infrastructure markets.
The transaction, which excludes Trillium Valves’ French operations, will add a portfolio of highly engineered, mission-critical valves and actuation solutions to Flowserve’s offering. TVD is a leading supplier to nuclear, traditional power, industrial, and infrastructure applications, with nearly 200 years of engineering expertise and a global customer base.
Expected to close in mid-2026, the acquisition supports Flowserve’s strategy to accelerate growth in power end markets while building a more cycle-resilient business.
TVD brings an installed base of more than 200,000 units worldwide, including equipment deployed in 115 operating nuclear reactors.
This footprint is expected to generate recurring, high-margin aftermarket demand for services, spare parts, and replacements.
By integrating TVD’s technologies, Flowserve will expand its nuclear presence to support more than 300 reactors globally, while enhancing its capabilities in conventional power projects and emerging small modular reactor developments. The deal is also expected to strengthen Flowserve’s global service network and aftermarket reach.
“TVD’s products and capabilities are highly complementary to our portfolio and will enhance our ability to meet future demand in nuclear, traditional power, and across the broader industrial landscape,” said Scott Rowe, Flowserve president and CEO.
He added that the strong aftermarket potential from TVD’s installed base is expected to drive profitable growth and long-term value for shareholders, customers, and employees.
Flowserve to acquire Trillium Valves Division in €450 million deal
