05:58 PM EST, 02/05/2026 (MT Newswires) -- Flowserve ( FLS ) said late Thursday it agreed to acquire Trillium Flow Technologies' Valves Division for $490 million in cash.

The integration of the unit's valve and actuation products is expected to expand the company's reach in conventional and emerging power markets, including nuclear.

The deal is expected to close in mid-2026 and to be accretive to Flowserve's ( FLS ) adjusted operating income in 2026, excluding anticipated synergies.

Flowserve ( FLS ) said it intends to fund the acquisition through a combination of cash on hand and additional debt.