President Engineering Group Ltd aquire Bestobell Valves

The management team of Sheffield-based Bestobell Valves has acquired three divisions of the business from owners Flow Group in a buyout.
The management team also purchased the businesses’ US and Indian-based operations.
Directors Mark Henley, John Waddington and Marie Bellamy have acquired Bestobell Valves and Bestobell LNG, which both produce high performance valves for industry, and the UK operation of Conflow, which specialises in mining components.
Bestobell employs approximately 80 people in the UK and posted turnover for its UK and US operations last year in excess of £12m.
The management team hopes the buyout will enable it to further grow and develop the business in the UK, with the support of Flow Group.
The deal was negotiated by Yorkshire professionals. Sheffield-based Castle Square Corporate Finance secured funding for the deal, while legal advice came from the corporate team at DLA Piper in Sheffield. NatWest provided funding for the deal via their local operations – along with local investors YFM Private Equity.
Head of corporate law at DLA Piper in Sheffield Richard May said: “Bestobell Valves has been able to make the most of its connection to Sheffield, tapping...

Bestobell Valves Launch New Fire Safe LNG/LPG Globe Valves

Bestobell Valves, leading manufacturer of cryogenic valves, has extended its product range to include a new LNG/LPG globe valve, fire tested and certified to EN ISO 10497:2004 and designed in accordance with BS EN ISO 12567:2000.

With the ongoing development of the LNG supply chain, more and more small to medium scale LNG dispensing systems will come online. These systems will provide downstream LNG for the production of CNG, fuelling and small to medium gas usage.

In response to this, and using the knowledge and experience gained by our sister business Bestobell LNG in manufacturing fire-safe cryogenic valves for the upstream LNG industry over the last 10 years, Bestobell Valves has developed the ‘CNL’ range to meet the technical requirement and suitability for these systems. It is fully compliant with the legislation and specification for the design, installation and commissioning of these stations.

This new line is available in sizes DN6 – DN300 (1/4” – 12”) and incorporates an anti blow out spindle, anti liquid lock drain and the unique Bestobell loose flange bolted bonnet design which allows for thermal expansion and contraction and eliminates leakage at the bon...