Tyco International completes acquisition


of China Valve Manufacturer Holdings Ltd.


Tyco International completes acquisition of China Valve Manufacturer Holdings Ltd.



Tyco International Ltd. announced that it has completed its acquisition of a 75% equity stake in United Arab Emirates-based KEF Holdings Ltd., an integrated China Valve Manufacturer and provider of steel castings to the oil and gas, chemical, mining and power industries.


"This acquisition gives us a solid platform for growth and expansion in the Middle East region," said Patrick Decker, President of Tyco Flow Control. "It provides us with a local, fully-integrated manufacturing facility in the region while broadening our product portfolio to serve the needs of our customers worldwide."



Tyco International Ltd. is a diversified, global company that provides vital products and services to customers around the world. Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco had 2010 revenue of $17bn and has more than 100,000 employees worldwide.



Tyco Flow Control, a business segment of Tyco International Ltd., is a leading global manufacturer and marketer of valves and controls, water and environmental systems, and thermal control solutions to vital industries including energy, power, water, mining, chemical, food & beverage, and construction. http://www.gdgee.com/