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Concentric AB acquires US e-pump maker Engineered Machined Products Inc
Swedish component maker Concentric AB acquired Engineered Machined Products Inc. (EMP) of Syosset, New York, a producer of electric and mechanical pumps, electric fans and thermal management systems, for approximately USD 147 million in cash.
Productselectric oil pumpselectric water pumpselectric fansthermal management systems
“Concentric purchased EMP in cash for approximately USD147 million.”truckandbusbuilder.com
- 4 sources
- truckandbusbuilder.comConcentric AB acquires e-pump and component manufacturer EMP IncOct 25, 2021
- news.cision.comConcentric AB acquires EMP Inc for MSEK 1,260 (MUSD 147) in a transformational deal to support the e-pump electrification strategy - Concentric ABOct 26, 2021
- prnewswire.comConcentric AB acquires EMP Inc for MSEK 1,260 (MUSD 147) in a transformational deal to support the e-pump electrification strategyOct 26, 2021
- radioresultsnetwork.comEngineered Machine Products Sold To European Company | Radioresultsnetwork.comOct 26, 2021
Summarized from public sources; check the original articles before acting on it.