Announcement under Regulation 30 (LODR)- Press Release
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Quest Flow Controls Ltd has acquired a 45% ownership stake in Quest Flow Controls, LLC, a valve and actuation solutions provider based in Tomball, Texas, USA, for a cash consideration of $600,000. The deal was approved by the Board on November 5, 2025. The US entity is led by President Richard Coleman, a 45-year industry veteran formerly with Flowserve and General Valve, supported by a team with over 300 years of combined experience. This investment gives Quest Flow Controls direct entry into the United States and Latin America, targeting the Water, Mining, Oil & Gas, and Marine sectors. The move combines Quest's Indian manufacturing capabilities with the US partner's established market presence and industry relationships.
While the investment size is relatively small ($600,000), the deal is strategically significant as it provides Quest Flow Controls with an immediate sales channel into North and South America, diversifying its revenue base beyond India. Investors should view this as a positive step toward geographic expansion, though execution risks and the success of the new venture will need to be tracked over the coming quarters.