Trillium Flow Technologies, a portfolio company of First Reserve and a provider of engineered flow control products and aftermarket services, announced the sale of its French valves operations to Framatome, a global nuclear energy company. The transaction marks another step in Trillium’s ongoing portfolio optimization strategy, as it sharpens its focus on its global pumps business and broader flow-control operations.
Based in France, the valves business has established a strong reputation for technical expertise, quality, and customer support in critical nuclear applications. The operation serves nuclear power generation assets with specialized valve technologies and has built long-standing customer relationships supported by deep engineering capabilities and operational reliability.
According to Trillium, the divestiture aligns with its long-term strategy of concentrating resources on key growth areas while positioning the French valves business for continued success under Framatome’s ownership.
Doug Kitani, Chief Executive Officer of Trillium Flow Technologies, said the company is proud of the business it has built and the market position achieved by the French valves team in serving critical nuclear applications. He noted that the transaction reflects Trillium’s disciplined approach to portfolio management and long-term growth, with a greater emphasis on its global pumps businesses and broader flow-control strategy.
Kerem Yilmaz, Chief Operating Officer and Chief Financial Officer of Trillium Flow Technologies, said the business demonstrated strong operational and commercial performance throughout Trillium’s ownership. He added that the company remained focused on continuity, disciplined execution, and preparing the organization for its next stage of growth.
Jeff Quake, Managing Partner at First Reserve, said the transaction highlights the quality and long-term value of Trillium’s businesses. He noted that the partnership between First Reserve and Trillium helped drive significant growth and establish the company as a leading provider of mission-critical safety and pressure relief valves for the nuclear industry.
Following the completion of the transaction, Trillium said it will continue operating as a focused organization serving critical infrastructure markets worldwide, supported by experienced leadership and ongoing commitments to innovation, operational excellence, and customer service.
Support: J.P. Morgan Securities served as financial advisor to Trillium Flow Technologies and First Reserve, while Freshfields acted as legal advisor.
KEY QUOTES:
“We are proud of the business we have built, and the strong market position the team has established in serving critical nuclear applications. Our French valves operations represent a highly capable organization with a strong legacy, and we are confident the business is well-positioned for continued success with Framatome. This transaction reflects our disciplined approach to positioning our portfolio for long-term growth, including increased focus on our global pumps businesses and broader flow control strategy.”
Doug Kitani, Chief Executive Officer, Trillium Flow Technologies
“The business has demonstrated exceptional operational and commercial strength throughout our ownership. Our focus has remained on continuity, disciplined execution, and positioning the business for continued success in its next phase.”
Kerem Yilmaz, Chief Operating Officer and Chief Financial Officer, Trillium Flow Technologies
“Today’s announcement reflects the strength, quality, and long-term value of Trillium’s businesses. We are proud of our partnership with the entire Trillium team which has driven significant growth and positioned the business as a market-leading provider of mission-critical safety and pressure relief valves serving the nuclear sector.”
Jeff Quake, Managing Partner, First Reserve
