Houston, TX, February 5, 2026 – Trillium Flow Technologies (“Trillium”), a global provider of engineered flow control solutions, today announced it has entered into a definitive agreement to sell select valves businesses to Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets. The transaction reflects the strength and market leadership of these businesses and represents an important milestone in Trillium’s platform strategy.

The transaction includes Trillium’s valves operations in the United States, the United Kingdom (including Elland), the Netherlands, China, Korea, and Canada, as well as associated service, sales, and support teams. Certain valves businesses and operations, including France Valves, Trillium Pumps USA, Trillium Pumps Italy, and Trillium’s global functional organizations, will remain part of Trillium Flow Technologies.

“Trillium has built a strong portfolio of market-leading businesses, and this agreement represents an exciting opportunity to capitalize on the outstanding performance and value creation we have achieved across our valves segment as we execute on a disciplined approach to portfolio positioning that benefits customers, employees, and other stakeholders,” said Doug Kitani, Chief Executive Officer of Trillium Flow Technologies.  “The valves businesses are performing exceptionally well and combining them with Flowserve creates a powerful platform positioned for continued growth and innovation. We remain deeply committed to our customers, suppliers, and people and look forward to continuing to build strong global leading brands in our markets.”

For customers and suppliers, the transaction is expected to deliver continuity of service and support, with no immediate changes to operations prior to closing. Trillium and Flowserve are committed to ensuring a smooth transition and maintaining the high standards of quality, safety, and reliability that customers expect.

Trillium will continue to focus on investing in and strengthening its leading portfolio of flow control products and services, supporting customers across critical industrial and regulated markets, and executing its long-term strategy. The company expects to continue evaluating opportunities that enhance focus, unlock value, and position its businesses for sustained growth over time.

The transaction is subject to customary regulatory approvals and closing conditions.

 See additional news release: https://ir.flowserve.com/news-events/news-details/2026/Flowserve-Expands-Leadership-in-Nuclear-and-Other-Power-End-Markets-with-Strategic-Acquisition-of-Trillium-Flow-Technologies-Valves-Division/default.aspx

 About Trillium Flow Technologies

Trillium Flow Technologies is a global designer, manufacturer, and aftermarket services provider of highly engineered valves and pumps used in critical infrastructure, including nuclear, water, power, processing, minerals, and general industrial applications. Built on industry leading global brands with hundreds of years of heritage, Trillium powers its advancement through cutting-edge innovation, industry expertise, and company vision to become the most relied upon flow control solutions company in the world. For more information, visit www.trilliumflow.com.

Advisors

J.P. Morgan Securities LLC is serving as financial advisor to Trillium Flow Technologies, and Freshfields LLP is serving as legal advisor.