Tyco International Ltd has announced that its Flow Control business has acquired two Brazilian valve companies in a move to expand its product and service offerings in Brazil and South America.
Tyco Flow Control has acquired Hiter Industria e Comercio de Controle Termo-Hidraulico Ltda, a privately-held Brazilian valve manufacturer, and has taken full ownership of an existing joint venture that Tyco Flow Control had with Valvulas Crosby Industria e Comercio Ltda.