Flowserve Acquires Greenray Turbine Solutions for Approximately $72M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2025
0mins
Should l Buy FLS?
Flowserve announced that it has acquired U.K.-based Greenray Turbine Solutions. The acquisition, which was completed for a total of approximately $72M in cash, is expected to add approximately $25M of revenue annually.
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Analyst Views on FLS
Wall Street analysts forecast FLS stock price to fall
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 87.920
Low
74.00
Averages
80.75
High
85.00
Current: 87.920
Low
74.00
Averages
80.75
High
85.00
About FLS
Flowserve Corporation is a provider of fluid motion and control products and services. The Company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. Its Flowserve Pumps Division segment designs, manufactures, pretests, distributes and services highly custom-engineered pumps, pre-configured industrial pumps, pump systems, mechanical seals and auxiliary systems (original equipment) and related services. Its products and services are used by companies that operate in the energy, power generation, chemical, and general industries. Its Flowserve Pumps Division segment designs, manufactures, and distributes a portfolio of engineered-to-order and configured-to-order isolation valves, control valves, valve automation products and related equipment. Its products are used to control, direct and manage the flow of liquids, gases and multiphase fluids. It also provides aftermarket products and services for industrial gas turbines.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Investor Stake Increase: Flowserve shares rose 5.7% on Monday following a Bloomberg report that activist investor Starboard Value has built a significant stake in the company, indicating market optimism for potential changes ahead.
- Margin Expansion Discussions: Starboard and Flowserve are in discussions on ways to enhance the company's margins, a strategic move that is crucial for maintaining competitiveness in the heavy industries sector, particularly in oil, gas, and chemicals.
- Market Transformation: After divesting its legacy asbestos assets last year, Flowserve is looking to ramp up investments in the faster-growing power and nuclear markets, positioning itself to adapt to industry shifts and capture new growth opportunities.
- Failed Merger: Flowserve's attempt to merge with Chart Industries to create a major player in various sectors fell through when Baker Hughes acquired Chart in July, highlighting the intense competition and complexities involved in merger strategies.
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- Earnings Release Schedule: Flowserve will release its Q1 2026 earnings after market close on April 29, 2026, providing investors with insights into its financial performance and market trends.
- Conference Call Timing: The company will host a conference call on April 30, 2026, at 10:00 a.m. Eastern Time to discuss the first quarter results, aiding investors in understanding performance changes.
- Investor Information Access: Earnings materials and the webcast of the conference call will be available on Flowserve's Investors page, ensuring shareholders and interested parties can access key information promptly.
- Company Background Overview: Flowserve is a leading global provider of fluid motion and control products and services, operating in over 50 countries and focusing on the production of engineered and industrial pumps, seals, and valves, showcasing strong market competitiveness.
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- Market Rebound: The stock market rebounded in the morning session, with the S&P 500 rising over 1% due to stabilizing oil prices and reports of President Trump's consideration to end military conflict in Iran, alleviating investor concerns about prolonged hostilities.
- Stock Performance: Vertiv (NYSE:VRT) surged 3.5%, Flowserve (NYSE:FLS) rose 3.3%, EMCOR (NYSE:EME) increased by 3.6%, and Terex (NYSE:TEX) jumped 3.9%, reflecting a positive sentiment towards the outlook of these sectors amid geopolitical tensions.
- Terex Volatility: Terex shares have experienced 20 moves greater than 5% in the past year, and today's increase indicates that the market finds the news significant, although it does not fundamentally alter perceptions of the company's performance, suggesting cautious optimism.
- Investment Returns: Despite Terex's 2.8% rise year-to-date, its current price of $56.57 remains 18.6% below its 52-week high of $69.51, presenting a potential buying opportunity for long-term investors, with a $1,000 investment five years ago now valued at $1,228.
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- Industrial Stocks Performance: Industrial stocks, previously seen as a rising star, have recently struggled in the market.
- Impact of Oil Prices: Soaring oil prices have contributed significantly to the downturn in industrial stocks.
- Inflation Concerns: Fears of inflation are adding to the challenges faced by the industrial sector.
- Market Sentiment: A general malaise in the markets is exacerbated by ongoing conflicts in the Middle East.
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- Industrial Stocks Performance: Industrial stocks, previously seen as a rising star, have recently struggled due to various economic pressures.
- Impact of Oil Prices: Soaring oil prices have contributed significantly to the downturn in industrial stocks.
- Inflation Concerns: Fears of inflation are adding to the challenges faced by the industrial sector.
- Market Sentiment: A general malaise in the markets, exacerbated by ongoing conflicts in the Middle East, is affecting investor confidence.
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- New Board Member: Flowserve's Board of Directors has appointed Brian Savoy as a member effective March 16, 2026, also assigning him to the Audit Committee and Technology, Innovation, and Risk Committee, aiming to enhance the company's leadership in the power sector.
- Extensive Industry Experience: Currently serving as CFO and Executive Vice President at Duke Energy, Savoy brings significant experience in the power industry, particularly in nuclear energy, which will help Flowserve strengthen its competitive position in this rapidly growing market.
- Enhanced Strategic Focus: John Garrison, Chairman of Flowserve, noted that Savoy's expertise in financial and business transformation will further enhance the company's focus on the Flowserve Business System, accelerating growth in priority power and industrial markets.
- Strong Educational Background: Savoy holds a Bachelor of Business Administration degree in accounting from Lamar University and is a certified public accountant, providing a solid financial foundation for his role on the board, which is expected to drive advancements in financial management and strategic decision-making.
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