A German trade register entry lists Akshar Patel and Andreas Schüpfer as managing directors of pump maker HALBERG Maschinenbau in Itzehoe, with Flowserve SIHI Holding as controlling shareholder. The entry also records a merger with APV and a change of headquarters.
Rheinmetall received an order from an international automaker for CWA400 electric coolant pumps for luxury hybrid vehicles, worth a figure in the two-digit million-euro range. Pierburg Pump Technology will produce the pumps at Hartha, Saxony, with delivery complete by 2024.
Ingersoll Rand Inc. completed its acquisition of Seepex GmbH, a Bottrop, Germany maker of progressive cavity pumps with about 800 employees and roughly EUR 160 million revenue. The deal was announced as complete on September 1, 2021.
Dosing technology maker ViscoTec held a groundbreaking on 5 July 2021 for a new three-storey building in Töging, Germany, adding office, final assembly and warehouse space. Completion is planned by the end of 2022.
Ingersoll Rand agreed to acquire German progressive cavity pump maker Seepex GmbH in an all-cash deal valued at €431.5 million, expected to close in Q3 2021 pending regulatory approvals. Announced June 21, 2021.
thyssenkrupp Steel Europe chose Schroeder Valves SMA minimum flow valves for the overhaul of unit 4 of its Hermann Wenzel power station in Duisburg. The valves replace a two-valve system.
Germany-based Emsland Group awarded GEA a follow-up order, valued in the low single-digit million-euro range, for a potato protein process line at its Wietzendorf site. The order covers planning, delivery and installation support, including plate heat exchangers, pumps and protein decanters.
Netzsch Pumpen & Systeme broke ground in Waldkraiburg on a 50 million euro new campus with a multi-storey assembly hall and automated warehouse, due by June 2022, consolidating three plants for 650 employees.
Private equity firm Fidelium Partners agreed to acquire the steering and transmission pump business of Robert Bosch Automotive Steering. Financial terms were not disclosed. The deal was announced on 31 March 2021.
IDEX Corporation completed its acquisition of German piston and diaphragm pump maker ABEL GmbH, which has been part of IDEX since March 2021. ABEL will join IDEX's Fluid and Metering Technology segment.
Netzsch Pumpen & Systeme plans a new production hall with office units at its Waldkraiburg site, consolidating three local plants into a campus. Groundbreaking was planned for the first quarter of 2021.
Hillenbrand agreed to sell Abel Pumps L.P. and affiliates to IDEX Corporation for $103.5 million in cash, subject to post-closing adjustments. The deal is expected to close in Hillenbrand's second fiscal quarter.
Worthington Industries has acquired PTEC Pressure Technology GmbH, a German designer and maker of valves and components for hydrogen and CNG storage systems, based in Burscheid, Germany. The company has 11 employees.
NETZSCH shareholders approved on 27 November 2020 the centralization of its Waldkraiburg facilities, investing EUR 50 million in a new production unit on Geretsrieder Straße that will integrate the assembly hall and offices from the current plant.
EBARA Precision Machinery Europe invested about €1.6 million in a new overhaul centre for vacuum pumps in Dresden-Weixdorf, Germany, announced on 25 September 2020. The site is the second overhaul centre after Livingston, Scotland.
Neway Valve called off its planned EUR 11.3 million takeover of Germany's Econosto International Holding due to Covid-19 market changes, and will pay EUR 500,000 in compensation.
AWP is investing 5.5 million in modernizing production at its Prenzlau site, with work running until 2026 and aimed at expanding capacity.
Italian pump maker Bertolini Pumps acquired German sprayer component maker altek GmbH, with all employees retained and managing director Thomas Schwert continuing. The acquisition was announced on 29 July 2020.
Vexve Armatury Group acquired 95.5% of ZMK Technologies GmbH, a Düren-based maker of petrochemical valves, from Advanced Holdings and the founders. ZMK's operations continue in Düren.
Oerlikon Barmag held the topping-out ceremony for a new approximately 4,000 m2 pump manufacturing building at its Remscheid Lennep site. About 80 employees will move in from December 2020 with 40 machine tools.
Magna International announced the acquisition of ixetic Verwaltungs GmbH, a maker of automotive vacuum, engine and transmission pumps with plants in Germany, Bulgaria and China, for about €308 million.
Spirax-Sarco Engineering agreed to acquire the Gestra division of Flowserve, a Bremen-based maker of steam and fluid control valves, for EUR 186 million on a cash-free, debt-free basis, with the purchase contract signed on 31 March 2017.
Oerlikon Barmag broke ground in Remscheid Lennep, Germany, on February 25, 2020, for a roughly 4,000 m² extension to its Pump Construction division. The investment is in the high single-digit million-euro range, with completion planned by December 2020.
China's Neway Valve plans to acquire Dortmund-based flow control products maker Econosto International Holding for EUR 11.3 million (USD 12.5 million) to expand its international market share. Neway's board approved the plan, and the company said on Dec. 6 it will move on to an equity transfer deal.
ITT completed its acquisition of Rheinhütte Pumpen, which is headquartered in Wiesbaden, Germany and makes centrifugal and axial flow pumps for aggressive media in chemical, mining, renewable energy and refinery processes. The deal was reported in the Q2 2019 pump M&A review.
The Flacks Group, a US private investment group, has bought submersible pump maker Pleuger Industries from Flowserve, returning the Hamburg, Germany company to independence. Pleuger employs more than 200 people and plans further locations in the USA and Russia.
ITT Inc has completed its acquisition of the Rheinhütte Pumpen Group, a German pump maker. The deal was previously reported in February 2019.
Evoguard GmbH, a Krones subsidiary, broke ground on an expansion of its Nittenau plant to add about 2,000 m2 of production hall and office space for pumps and valves. Completion is planned for October 2019.
French plumbing manufacturer SFA Group, parent of Saniflo, acquired Zehnder Pumpen GmbH, a German pump maker based in Grünhain-Beierfeld, Saxony. The acquisition is effective from 1 January 2019 and Zehnder will remain a separate legal entity.
Aliaxis signed an agreement to divest pump maker Rheinhütte Pumpen to ITT Inc. for a cash consideration of about €80.5 million. The deal is expected to close in the second quarter of 2019, subject to regulatory approvals.
Zwick Armaturen GmbH increased its capacity by adding 2,500 square meters to its approximately 20,000 square meter headquarters and main production site in Ennepetal, Germany.
French sanitary manufacturer SFA acquired Zehnder Pumpen GmbH of Grünhain, Saxony, which will become a wholly-owned subsidiary and keep its own brand. Dentons advised SFA on the deal, which was reported on 29 January 2019.
Knoll Maschinenbau is selling its eccentric screw pump (MX) business, which it has run for about 15 years, to Pumpenfabrik Wangen effective 1 April 2019. Knoll will focus on its core metalworking chip and coolant management business.
Atlas Copco acquired Industrie Pumpen Vertriebs GmbH (IPV), a Dresden-based distributor of industrial pumps for the Varisco brand with about 20 employees and revenues of roughly EUR 5 million in 2017. The purchase price was not disclosed.
Metso showed new process-industry products at the Valve World Conference and Expo in Düsseldorf, including the Jamesbury EasyFlow rubber-lined butterfly valve and the Neles Scotch-Yoke actuator. The new range targets oil and gas, petrochemical, pulp and paper and power industries.
Spirax-Sarco Engineering signed a conditional agreement to buy Gestra AG and associated businesses from Flowserve for a cash-free, debt-free consideration of EUR 186 million. Gestra is headquartered in Bremen, Germany and makes boiler control systems, valves and steam control equipment. Completion awaits German merger control approval.
Bürkert Fluid Control Systems broke ground on 3 December 2018 for an extension at its Menden site, doubling production and office space to about 5,500 m2 within a year. The system house will grow from 52 to 80 staff over the next six to eight years.
Pierburg Pump Technology, part of Rheinmetall Automotive, won orders worth €215 million from an international automaker for its CWA 400 electric coolant pump, produced in Hartha, Saxony.
AURELIUS Equity Opportunities agreed to acquire water valve manufacturer VAG of Mannheim, Germany, from US-listed Rexnord Group. VAG has 1,200 employees and about EUR 200 million in recent sales; the deal was scheduled to close in Q4 2018.
Emerson has completed its purchase of Aventics, a Germany-based pneumatics and fluid control technology maker with about 2,100 employees and five manufacturing locations, expanding its automation presence in Europe.
Mechanical seal specialist John Crane completed its purchase of Seebach GmbH, a German provider of mechanical seals.
KNF held the groundbreaking for an expansion of its Freiburg-Munzingen headquarters costing more than 5 million euros, due for completion by autumn 2019. Production area grows from 4,000 to 5,000 square metres and staff rise from 220 to about 300.
BORSIG has taken over the product business of artec Armaturen und Industrieservice GmbH, adding ball valves and steam coolers to its valves business. The deal takes immediate effect.
Unibloc-Pump Inc. of Marietta, Georgia has acquired German manufacturer R&H GmbH, creating a combined European market leader in road tanker pumps. The deal was announced on May 30, 2018.
Leser spent a total of €22 million on its Leser-Kontor facility in Hamburg, Germany. The investment was made in the year before the article.
Leser extended its production facility in Hohenwestedt, Germany, at a cost of €7.3 million. The investment was made in the year before the article.
AxFlow Germany is acquiring Pumpen Karrer, a family-owned pump repair and maintenance firm in Germany's Allgau region, which will become its regional service base and take over the KSB service agreement.
AxFlow Germany, part of Axel Johnson International's Fluid Handling Solutions group, acquired family-owned pump repair and maintenance company Pumpen Karrer, creating a regional base in the Allgau region west of Munich. The announcement was made on February 1, 2018.
Rheinmetall subsidiary Pierburg won an order from Karma Automotive to supply CWA coolant pumps for the Revero plug-in hybrid, built from its Hartha, Saxony plant, with a contract value in the low six-digit euro range.
Armstrong Fluid Technology completed the acquisition of the Circulator Pump business unit of Halm Motors + Systems GmbH in Germany. The article gives no deal value or date beyond the article date.