BURLINGTON, Mass.--(BUSINESS WIRE)--August 22, 2025-- 
 
   CIRCOR International, Inc., a KKR portfolio company and a global 
manufacturer of flow control products for industrial and aerospace 
markets, today announced that it has signed a definitive agreement to 
acquire Swelore Engineering Pvt. Ltd. and Hiro Nisha Systems Pvt. Ltd., 
two leading Indian pump manufacturers with a combined legacy of over 50 
years in delivering high-quality solutions for various critical 
applications across Chemical, Water/Wastewater, and Oil & Gas markets. 
 
 
   With this acquisition, CIRCOR adds a complementary product line of 
diaphragm metering pumps, dosing packages, and high-pressure 
reciprocating pumps to its Industrial portfolio. The move strengthens 
the company's footprint in the high-growth Indian market while unlocking 
global growth potential through integration into CIRCOR's worldwide 
commercial and operational platform. 
 
 
   The transaction is expected to close in Q3/Q4 2025, subject to customary 
closing conditions. 
 
 
   "The acquisition of Swelore and Hiro Nisha is a strategic milestone that 
strengthens our Industrial business, expands our offering, and enhances 
our presence in one of the world's most dynamic markets," said Tony 
Najjar, President and CEO of CIRCOR International. "We are thrilled to 
welcome a talented team that shares our customer-first mindset and drive 
for innovation. Together, we will deliver even greater value to our 
customers in India and around the globe." 
 
 
   Upon closing, Swelore and Hiro Nisha will become part of Allweiler India, 
CIRCOR's existing pumps business in the country. "The integration 
strengthens CIRCOR's long-term commitment to India and broadens its 
offering beyond screw and centrifugal pumps. The combined teams will 
work together to deliver expanded customer solutions," said Hiren Mistry, 
Senior Director & GM, India Pumps. 
 
 
   "Joining CIRCOR marks a proud moment for our businesses and our teams," 
said Chirantan Gajjar, Managing Director, Swelore Engineering Pvt. Ltd. 
and Royal Gajjar, Managing Director, Hiro Nisha Systems Pvt. Ltd. "We've 
built our reputations on technical excellence, reliability, and 
long-standing customer partnerships. CIRCOR shares these values, and we 
are excited to be part of a global platform that will help us grow and 
innovate even further." 
 
 
   Upon completion of the acquisition, Swelore and Hiro Nisha employees 
will join CIRCOR's broad-based ownership program, which provides all 
employees with the opportunity to participate in the benefits of equity 
ownership. 
 
 
   The current promoters of both companies will remain with the business to 
support a smooth integration and lead its next phase of growth. 
 
 
   Deloitte Touche Tohmatsu India LLP acted as exclusive M&A advisor to 
Swelore and Hiro Nisha on this transaction. 
 
 
   About CIRCOR International, Inc. 
 
 
   Founded in 1999, CIRCOR International, Inc. designs, manufactures and 
markets differentiated flow control products and sub-systems for 
Aerospace & Defense and Industrial customers. The Company has a 
diversified product portfolio of recognized, market-leading brands 
(Allweiler$(R)$, Houttuin$(TM)$, Imo(R), Hale Hamilton, Aerodyne Controls, 
CIRCOR Aerospace, RTK(R), Schroedahl(R), Tushaco(R), Warren(R) and 
Zenith(R)) that fulfill its customers' mission critical needs. 
 
 
   CIRCOR markets its solutions directly and through various sales partners 
to more than 14,000 customers in approximately 100 countries. The 
Company has a global presence with approximately 3,000 employees and is 
headquartered in Burlington, Massachusetts. For more information, visit 
the Company's website at http://circor.com. 
 
 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20250822135488/en/

 
 
    CONTACT:    Jennifer Edwards 
 
   Corporate Communications 
 
 
   Jennifer.Edwards@circor.com 
 
 
 
 
 
 

(END) Dow Jones Newswires

August 22, 2025 08:03 ET (12:03 GMT)