Pumps and Valvesworld trade 2024+3.2% 5Y CAGR
Jan 1, 2024ACQUISITIONDenmark ITT completes acquisition of Denmark's Svanehøj pump maker
ITT Inc. completed its acquisition of Svanehøj Group A/S, a supplier of cryogenic and marine pumps with about 400 employees. The deal was funded by a €300 million term loan and the business joins ITT's Industrial Process segment.
Productscryogenic pumpsLNG fuel pumpsLPG cargo pumpsdeepwell gas cargo pumpstank control systems
“ITT Inc. today announced the completion of its acquisition of Svanehøj Group A/S (Svanehøj), a supplier of pumps and related aftermarket services.”businesswire.com
- 4 sources
- businesswire.comITT Completes Acquisition of Svanehøj, Leading Provider of Customized Critical Liquid and Cryogenic PumpsJan 19, 2024
- businesswire.comITT Completes Acquisition of Svanehøj, Leading Provider of Customized Critical Liquid and Cryogenic PumpsJan 19, 2024
- citybiz.coITT Completes Acquisition of Svanehøj | citybizJan 19, 2024
- worldpumps.comWorld Pumps - Pumps Mergers & Acquisitions Review 2024 - World PumpsJan 28, 2025
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