Valvitalia buys pipeline joints group

Offshore staff

RIVANAZZANO TERME, Italy – Flow control/firefighting system specialist Valvitalia has agreed to acquire Nuova Giungas, a manufacturer of monolithic isolation joints for pipelines.

Nuova Giungas, founded in 1965 and based near Modena, employs 36 people spread over two manufacturing plants. Its turnover last year was almost €7 million ($7.46 million).

Valvitalia’s move follows its recent investment in a new fire-fighting testing area in Castelsangiovanni.

12/02/2016

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...