# Interpump to acquire international assets of Finland's GS-Hydro for EUR 9M

Interpump Group signed a binding agreement to acquire the international subsidiaries and the manufacturing unit of Finland-based GS-Hydro, a piping systems maker, for EUR 9 million, with closings expected by end of February 2018.

- Type: Acquisition
- Announced: 2017-12-30
- Where: Finland
- Value: $10.8M (9.00M EUR)
- Status: announced
- Products: piping systems, hoses & fittings
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Interpump Group](https://endata.com/companies/870.md) (acquirer)
- [GS-Hydro](https://endata.com/companies/2621.md) (target)

## Sources

- [us.gshydro.com](https://us.gshydro.com/interpump-acqiuires-the-international-assets-of-gs-hydro/), 2017-12-30: "Total price agreed upon for the acquisitions is 9 million euro."
- [worldpumps.com](https://www.worldpumps.com/content/news/interpump-to-purchase-gs-hydro-s-international-assets), 2018-01-03: "The acquisition has great potential for synergies, and the addition of piping systems represents a significant widening in the scope of our hoses & fittings business."
- [worldpumps.com](https://www.worldpumps.com/content/news/pumps-mergers-acquisitions-review-q1-2018), 2018-04-17: "Italy's Interpump Group signed a binding agreement to acquire the international assets of Finnish piping systems specialist GS-Hydro Group in a €9 million deal."
- [industrysourcing.cn](https://www.industrysourcing.cn/article/360289), 2019-03-02: "意大利Interpump Group以900万欧元的价格签订了约束协议，收购芬兰管道系统专业企业GS-Hydro Group"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.