Fairbanks Morse Defense and Hunt Valve logos
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Fairbanks Morse Defense acquires Hunt Valve

Continuing on the acquisition trail, Beloit, Wis. headquartered Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company Inc., a specialty manufacturer of naval valves and

Wartsila is pulling out of Russia
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Wärtsilä divests its valves business

Wärtsilä has divested 100% of the shares in Wärtsilä Valves Ltd to an affiliate of New York City based Evergreen Capital L.P. Located in Brough, U.K., Wärtsilä Valves Ltd. supplies the entire