Signed · Italy · Industrial machinery
CIRCOR agrees to acquire Green Silence Group.
CIRCOR, a flow control manufacturer headquartered in Burlington, Massachusetts and owned by KKR, announced on 30 October 2026 that it has signed a definitive agreement to acquire Green Silence Group, an Italian provider of hydraulic pumps, electric motors and engineering solutions that brings together the Settima, Motive and Spin businesses. Closing is expected in the first quarter of 2027, subject to customary conditions and regulatory approvals. It was signed on 30 October 2026. It had not completed by 2 November 2026.
Signing 30 October 2026
- Buyer
- CIRCOR International, Inc. ·Burlington, United States
- Target
- Green Silence Group S.p.A. ·Milan, Italy
- Type
- Acquisition
- Announced
- 30 October 2026
- Signed
- 30 October 2026
- Value
- Not disclosed
- People
- Not stated in the release
- Last checked
- 2 November 2026
The people side in Italy
- In a business transfer involving more than 15 workers, seller and buyer give the unions written notice at least 25 days before completion or any earlier binding agreement. Law 428/1990, article 47
- If the unions ask in writing within seven days, seller and buyer open a joint examination within seven days; consultation ends after ten days without agreement. Law 428/1990, article 47
- A non-EU buyer taking control of an Italian company holding strategic assets, such as in energy, transport or communications, notifies the government within ten days; the government has 45 days to act. Decree-Law 21/2012 (golden power), article 2
- Where combined Italian turnover exceeds EUR 595 million and at least two parties each exceed EUR 36 million in Italy, the deal must be notified to the competition authority (AGCM). AGCM: Soglie di fatturato (turnover thresholds), updated 16 March 2026
- Where the deal needs EU merger clearance, the buyer may not implement it before clearance. EU Merger Regulation (Council Regulation (EC) No 139/2004), article 7
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