CERTINA acquires Pibiviesse, a valve producer
12 August 2019
Pibiviesse has been CIRCOR International’s long-cycle upstream oil & gas engineered valve business.
The business develops and produces a wide range of manual and automated on/off and control ball valves for the oil & gas, petrochemical, water transportation, and power industries. The company is widely recognized for its ability to customize valves to customer’s critical applications. Pibiviesse is based in Milan, Italy and serves international EPC customers all over the world.
CERTINA will separate the business from the structures of CIRCOR International and make it independent. Pibiviesse offers significant operational improvement potential and great synergies with PRUSS AG, CERTINA’s existing control valve business for gas and steam applications. The two companies will be kept independent but will benefit extensively from synergies in sales, product offering, sourcing, and R&D.
Together with PRUSS and HANNEMANN, PIBIVIESSE will be part of the CERTINA Flow Control division.