Flowserve has divested its Swedish operation, NAF AB, to Andritz.
Texas-based Flowserve manufactures and services fluid motion control solutions for the world’s toughest, most critical applications. NAF AB engineers, designs and builds Flowserve’s NAF control valve portfolio at the facility in Linköping, Sweden. Andritz is an international technology group that offers a broad portfolio of innovative plants, equipment, systems, services and digital solutions for a wide range of industries and end markets. The completion of the transaction is subject to approval by the respective authorities.
Baker McKenzie acted as legal advisor to Flowserve with a team consisting of among others Carl Svernlöv, Sofie Sternberg and Melinda Roos.
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