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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Maag Pump Systems acquires Witte Pumps & Technology · Endata

◂ Announcements

Pumps and Valvesworld trade 2024+3.2% 5Y CAGR

Dec 21, 2022ACQUISITIONTornesch, Germany

Maag Pump Systems acquires Witte Pumps & Technology

Swiss firm Maag Pump Systems has acquired Witte Pumps & Technology, a Tornesch, Germany gear pump maker, forming a new integrated Gear Pumps business unit led by Witte's former owner Dr. Sven Wieczorek. The deal was announced on 21 December 2022.

Status

Completed

Productsgear pumpsaftermarket parts and services

CompaniesDover Corp. partner Witte Pumps & Technology target Maag Pump Systems acquirer

Sectors#Pumps and Valves

“Maag Pump Systems has acquired Witte Pumps & Technology (Witte).”process-worldwide.com

2 sources
process-worldwide.comMaag Pump Systems Takes Over Witte Pumps & TechnologyDec 21, 2022
heuking.deHeuking advises on merger of Witte Pumps & Technology GmbH with Swiss Maag GroupDec 22, 2022

Summarized from public sources; check the original articles before acting on it.

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