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VALTEK BUYS FRENCH CONTROL VALVE COMPANY

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Springville-based Valtek International, a producer of control valves and subsidiary of The Duriron Co. Inc., has purchased Sereg Vannes S.A., a French control valve company, from Finmeccanica, the parent company of Elsag Bailey.

Headquartered in Massy, France, Sereg Vannes supplies automatic control valves to the French petroleum, chemical and power industries and exports to selected worldwide markets. Last year, the company had $19 million in sales.Mark E. Vernon, Valtek president, said the combination of Valtek and Sereg products in France and other points in Europe will strengthen the company's position.