Tomball, Texas-based Midstream Valve Partners is a values, actuators and flow-control distributor.
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The deal will add more than $260 million in projected 2026 revenue and expand Xylem’s portfolio of engineered pumping technologies for industrial and municipal applications.
Ferguson’s largest acquisition in years would add approximately $1 billion in annual revenue, more than 60 locations and extensive valve automation, repair and technical capabilities — significantly expanding its position in industrial flow control markets.