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CASE STUDY: FLOWSERVE CORPORATION

Flowserve Divested Davies & Baird

Flowserve Divested Davies & Baird

Flowserve has sold Davies & Baird to Davies Baird Pty Ltd

TARGET

Davies & Baird Australian specialty castings foundry business

INDUSTRIES

Pumps & Valves, Mining, Rail, and Transportation, among others

TRANSACTION TYPE

Corporate Divestiture

GEOGRAPHY

Australia

SITUATION

Seale & Associates was engaged by Flowserve Corporation to advise on the divestiture of its Davies & Baird Australian specialty castings foundry business to Davies Baird Pty Ltd, a sister company of Quality Castings Pty Ltd.

OUTCOME

Davies & Baird, headquartered in Melbourne, Australia, manufactures ferrous castings up to 5.5 tons for high-specification, engineered applications and specializes in the supply of complex castings to the pump, valve, mining, rail, transportation and other industries.

The business sells products into the domestic Australian market and exports products to New Zealand, North America, Southeast Asia, Japan and Europe.

Are you exploring the sale of your company or divesting a non-core business from your portfolio?

Seale & Associates offers trusted advisory services for both private business owners and multinational corporations. Contact us today to learn how we can guide you through the complexities of a sale process and help you to evaluate the full range of strategic alternatives for your business.