CIRCOR Agrees to Acquire Italian Group Comprising 3 Industrial Brands
Key Facts
CIRCOR, a KKR portfolio company, announced that it had signed a definitive agreement to acquire Italy’s Green Silence Group S.p.A., bringing together three companies specializing in industrial equipment and solutions. The target group comprises Settima, Motive and Spin, according to a CIRCOR statement published via Business Wire. Its companies operate in hydraulic pumps, electric motors and advanced engineering solutions. The agreement places these activities within CIRCOR’s industrial portfolio, alongside its expertise in flow-control products and services. The available excerpt of the statement did not provide the deal value, financial terms or expected completion date.
Settima supplies hydraulic pumps, while Motive manufactures electric motors and Spin adds engineering, design, testing and technical support services. Green Silence Group said Spin Engineering Solutions has 30 years of experience designing custom systems for motors, pumps and inverters. Its services include advanced testing of electric motors and hydraulic systems, as well as pre-sales and after-sales technical support. These activities give the group expertise spanning components through system design and testing, according to the company’s description. The group says its technologies combine hydraulics, electric motors, power electronics and intelligent control, and target industrial, on-road vehicle and off-road vehicle sectors.
Published Settima projects offer examples of how the group’s companies’ products are combined. In June 2026, Green Silence Group said Settima had designed and delivered four custom electrohydraulic pumping units for an original equipment manufacturing partner, using Settima’s three-screw pumps and Motive’s high-efficiency electric motors. The project description said the application handles oils with viscosity of up to 320 centipoise at 25 degrees Celsius, and tin-based stabilizers with dynamic viscosity ranging from 30 to 100 millipascal-seconds at 20 degrees Celsius. The example shows the two companies’ pumps and motors being used in complete units for industrial applications handling high-viscosity fluids. The company thus provides background on the group’s integrated products before the acquisition, without the available statement specifying how these businesses will be managed after its completion.
In the transportation sector, Settima announced in September 2026 that it had developed an ePTO system for Piaggio Group’s electric NPe platform, saying the technology was already in use in waste collection vehicles. The group also announced in October 2026 the first unveiling of a hybrid marine propulsion system, the Drive-Pod-16, in collaboration with Spin Engineering Solutions. The system was designed for sailing yachts and motor yachts ranging from 10 to 14 meters in length, with the possibility of use on larger vessels, according to the project description. These projects show the group’s activities extending into vehicle and marine transport applications, alongside industrial pumping equipment. In November 2025, Settima also launched a hydraulic solution that the group said was its first without rare-earth elements.
CIRCOR’s relationship with KKR dates back to October 2023, when the company joined the investor’s portfolio, according to KKR’s website. KKR describes the company as a provider of flow-control products and services to the industrial, aerospace and defense markets. The announced acquisition of the Italian group thus comes within the context of CIRCOR’s industrial portfolio, although the available materials do not include details of the deal strategy or its financial objectives. In the market, KKR shares closed at $95.82 on October 29, 2026, compared with a close of $93.04 on October 28, according to EL7 data. These prices alone do not establish a link between the share movement and the deal announcement. The available excerpt did not specify a completion date for the acquisition or any subsequent review.