Flowserve Corporation announced the closing of its acquisition of Trillium Flow Technologies Valves Division (TVD) on June 30, 2026, for $490 million in cash, plus working capital adjustments. TVD is a leading provider of highly engineered, mission-critical valves for nuclear and traditional power generation, industrial, and critical infrastructure applications. The acquisition is expected to enhance Flowserve's reach in conventional and emerging end markets by integrating TVD's specialized valve and actuation portfolio, power and nuclear technology, and service offerings. TVD is anticipated to generate annualized revenue of approximately $200 million with adjusted EBITDA margins in the high teens after applying Flowserve's 80/20 operating principles.