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Krones acquires 90% of US sanitary pump maker Ampco Pumps
Krones signed an agreement on 20 April 2023 to acquire 90% of Ampco Pumps Company LLC, a Wisconsin supplier of sanitary pumps and mixing equipment to food, beverage, dairy and pharma markets. Ampco generated about US$50 million revenue in fiscal 2022, and closing is expected in the first half of 2023.
Productssanitary pumpsmixing and blending equipment
“On 20 th of April 2023, Krones has signed an agreement to acquire 90% of Ampco Pumps Company LLC (Ampco Pumps).”bourse.lavenir.net
- 6 sources
- bourse.lavenir.netL'AvenirApr 21, 2023
- krones.comCorporate news release – Krones expands its capabilities in process technology with the acquisition of US company Ampco Pumps - KronesApr 21, 2023
- ampcopumps.comAmpco Pumps formalizes agreement to become a member of the Krones Group - Ampco PumpsApr 24, 2023
- biztimes.comKrones Inc. planning to acquire majority stake of Ampco Pumps CompanyApr 24, 2023
- worldpumps.comWorld Pumps - Pumps Mergers & Acquisitions Review: Q2 2023 - World PumpsJul 8, 2023
Summarized from public sources; check the original articles before acting on it.