Teriskano acquires new valve agencies
July 2010
News
Teriskano Engineering Solutions has announced two new distributorships that it says will empower it as a black owned BBBEE level 3 company to support its new principles and help them to achieve joint objectives in the South African valves market.
Valtek Sulamericana, a Brazilian manufacturer of control valves, has grown through a focus on its core business and now intends to explore the South African market through the agreement with Teriskano. The company was started in 1979 as a partnership between Flucon do Brasil and US-based Valtek. The partnership ended when Valtek was acquired by the Flowserve Group. Valtek Sulamericana decided to continue on its own and today has grown to become one of the largest companies in South America to develop and produce control valves for industrial processes in the chemical, petrochemical, energy, pulp and paper, pharmaceutical and industrial gas industries. “We have customers in Brazil like Petrobras that require a combination of technology, advanced mix of products and fast delivery, so we believe we can be successful in South Africa with the support of Teriskano,” says VP Sérgio Camillo.
The second agreement is with Everlasting Valve Company that is seeking to re-establish its brand in the local market where it already has a large installed base. Everlasting Valve’s global customers operate in various markets including cement; coal fired power plants; petroleum production; coal gasification and other areas where the handling of abrasive solids and slurries is critical. From its US base in South Plainfield, New Jersey, the company builds every valve using computerised and robotic equipment in its ISO 9001 certified facility.
Teriskano Engineering Solutions will provide local sales, service and a world class repair centre that caters for both its new partners. MD Sylvan Naidoo says, “Despite the general economic crisis we believe that the market for control valves will continue to grow. Our products are high technology with many unique features. We believe one of our competitive advantages is that we are focused only on control valves for manufacturing. This is our core business and one that requires experience and expertise in both product and manufacturing. Our line ranges from simple control valves to products for special and severe applications.”
For more information contact Teriskano Engineering Solutions, +27 (0)16 971 4343, [email protected], www.teriskano-es.co.za
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