bought closely held HydroTechnik, an Olomouc, Czech Republic mechanical seal manufacturer.
The financial terms of the deal were not disclosed.
The Irving, Texas-based company said that the acquisition gives it a quick path forward in supporting customers and expanding business in the Czech Republic and throughout Eastern Europe. HydroTechnik generated $860,000 in revenue in 2005.
The Olomouc facility immediately will be configured as a Flowserve Quick Response Center to support regional customers, the company said.
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