About Lupatech
Lupatech S.A. engages in the production and sale of equipment and rendering of services for the oil and gas industry, industrial valves, and microcasting parts primarily in Brazil and Argentina.
Segments
The company operates in three business segments: Energy Products, Flow Control, and Metallurgy.
Energy Products
The Energy Products segment offers products and services for the oil and gas industry, such as anchorage ropes for deepwater platforms, manual and automated valves for use in applications of exploitation, production, transportation, and oil refining and hydrocarbon chain, equipment for completion of oil wells allowing oil and gas production, linings of drilling and production pipes, equipment lease and offshore services, natural gas compressors, and sensors by optic fiber and leasing of gas compression kits through the ‘MNA’, ‘CSL Off Shore’, ‘Petroíma’, ‘Esferomatic’, ‘Gasoil’, ‘K&S’, ‘Fiberware’, ‘Aspro’, ‘Gavea Sensors’, ‘Sinergás’, and ‘Tecval’ brands.
Flow Control
The Flow Control segment engages in the manufacture and sale of industrial valves, mainly for the chemical, pharmaceutical, pulp and paper, food, civil construction, and machine and equipment industries, through the ‘Valmicro’, ‘Mipel’, ‘ValBol’, and ‘Jefferson’ brands.
Metallurgy
The Metallurgy segment engages in the development and manufacture of parts, complex parts, and subassemblies targeted mainly at the international automobile industry through precision casting and steel injection processes in Latin America. The company also operates in the casting of corrosion-resistant metal alloy parts, targeted at the industrial valves and pumps sectors, mainly for applications in oil and gas industry processes, through the ‘Itasa’, ‘Steelinject’, and ‘Microinox’ brands.
Acquisitions
In December 2008, the company acquired 100% of the capital stock of Tecval S/A Válvulas Industriais, which manufactures gate, globe and check valves, and forged ball valves to the oil and gas, petrochemical, chemical, pulp and paper, mining, and nuclear sectors.
In July 2008, the company acquired 100% of the capital stock of Sinergas GNV do Brasil Ltda., which provides services of natural gas compression (equipment rental) and maintenance of compressors for vehicle use.
In July 2008, the company also acquired 100% of the capital stock of Gavea Sensors Sistemas de Medicao Ltda., which manufactures fiber optic sensors.
In November 2008, the company acquired 100% of the capital stock of Fiberware Equipamentos e Serviços para Indústria Ltda., which manufactures internal and external pipe coating.
In January 2009 the company acquired Norpatagonica S.R.L., which is a service provider in the oil and gas sector. It has its own operational base duly structured with the purpose of giving support to oil companies in maintaining the level of oil and gas production through providing services of well intervention. It also carries out hydraulic tests, well cleaning with its own tools and supplies injection, repositioning, and low- and high-pressure pumping equipment.