Curtiss-Wright Sells Downstream Oil And Gas Businesses

(RTTNews) - Curtiss-Wright Corp. (CW) said Monday that it has sold substantially all of the assets and liabilities of its downstream oil and gas businesses, including the DeltaValve, TapcoEnpro International and Groquip business units, to affiliates of Sun Capital Partners Group.

DeltaValve provides products and solutions that enhance the heavy crude refining process.

TapcoEnpro International is a provider of high performance valves, pressure vessels, electro-hydraulic actuator systems, high pressure reactor vessels, Fluid Catalytic Cracking Unit equipment and other mission-critical products and services to the global refining and petrochemical markets.

Groquip supplies pipeline and offshore valve and actuation services to oil and gas production and exploration industries, relief valves, pressure storage devices, and rupture discs to the chemical, petrochemical and refining markets, and field and in-shop engineering servicing.