The Service of the Commission for the Protection of Competition announces that it has received a notification of a concentration, concerning the acquisition of share capital of SPX Flow Inc. and its energy business by Boardwalk Parent LLC.
Boardwalk Parent, LLC is a limited liability company duly registered under the laws of Delaware and is controlled by investment funds managed by affiliated parties with Apollo Management L.P.
Apollo is an investment fund, active in corporate investment and debt issued by companies in various sectors on a worldwide basis, such as chemicals, insurance, financial services as well as lighting and entertainment businesses.
SPX FLOW, Inc., is headquartered in Charlotte, North Carolina. The target business is the energy business of SPX FLOW, Inc. and operates worldwide in the manufacture of pumps, valves, filter products, accessories and after-sales services for the energy sector.