# 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.

- Type: Acquisition
- Announced: 2021-10-25
- Where: Syosset, New York, United States
- Value: $147.0M
- Status: completed
- Products: electric oil pumps, electric water pumps, electric fans, thermal management systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Concentric](https://endata.com/companies/1164.md) (acquirer)
- [Engineered Machined Products Inc](https://endata.com/companies/8525.md) (target)

## Sources

- [truckandbusbuilder.com](https://truckandbusbuilder.com/article/2021/10/25/concentric-ab-acquires-e-pump-and-component-manufacturer-emp-inc), 2021-10-25: "Concentric purchased EMP in cash for approximately USD147 million."
- [news.cision.com](https://news.cision.com/concentric-ab/r/concentric-ab-acquires-emp-inc-for-msek-1-260--musd-147--in-a-transformational-deal-to-support-the-e,c3431396), 2021-10-26: "Concentric AB ("Concentric") has reached an agreement to acquire Engineered Machined Products, Inc. ("EMP"), a leading US producer of electric and mechanical water and oil pumps"
- [prnewswire.com](https://www.prnewswire.com/news-releases/concentric-ab-acquires-emp-inc-for-msek-1-260-musd-147-in-a-transformational-deal-to-support-the-e-pump-electrification-strategy-301408291.html), 2021-10-26: "Concentric AB ("Concentric") has reached an agreement to acquire Engineered Machined Products, Inc. ("EMP"), a leading US producer of electric and mechanical water and oil pumps."
- [radioresultsnetwork.com](https://www.radioresultsnetwork.com/2021/10/26/engineered-machine-products-sold-to-european-company/), 2021-10-26: "EMP leadership has today announced to employees, customers, and suppliers that the Company has strategically agreed to be acquired by Concentric AB."

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