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Curtiss-Wright Corp Completes Acquisition of Germany's Phonix Group


Monday, 4 Mar 2013 08:00am EST 

Curtiss-Wright Corp announced that it has completed the previously announced acquisition of 100% of the shares of Phönix Holding GmbH for approximately EUR82 million ($108 million) in cash. Phönix, headquartered in Germany, is a designer and manufacturer of high performance, severe-service valves, valve systems and related support services to the global chemical, petrochemical and power (both conventional and nuclear) markets. The business will operate within Curtiss-Wright's Flow Control segment. 

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71.04
0.48 +0.68%
24 Dec 2014