Order intake in the first quarter of 2019 grew across all divisions, reaching CHF 984 million compared to CHF 900 million in the same period a year ago. Organic order growth of 8 percent was fueled by Pumps Equipment’s Water business and Chemtech’s Separation Technology business. Demand from energy customers remains robust. Sulzer confirms its […]
Sulzer’s Order Intake Grows 10 Percent in the First Quarter of 2019 Read More »
Pentair announced that it has entered into a definitive agreement to acquire Pelican Water Systems for $120 million in cash, subject to customary adjustments. Pelican Water Systems provides residential whole home water treatment systems.
Pentair Announces Definitive Agreement to Acquire Pelican Water Systems Read More »
Brown Brothers Engineers/Kelair Pumps,part of the AxFlow Group, is strengthening its service offering with the acquisition of GT Water Technologies (GT Water) a family-owned company specialising in services around water storage tanks to the building and fire safety markets in the Melbourne area.
Brown Brothers Engineers/Kelair Pumps Acquire GT Water Technologies Read More »
Recently, in Southeast Asia, the demand for flood control has increased and early recovery from flood damage has become a major issue. Drainage pump trucks equipped with Ebara pumps have also been delivered to Laos and Vietnam in Southeast Asia.
Ebara Delivers Drainage Pump Trucks to the Philippines Read More »
Pentair plc announced that it has completed the acquisition of Aquion for $160million in cash, subject to customary post-closing adjustments.
Pentair Completes Acquisition of Aquion Read More »
Atlas Copco has acquired Appleton Compressor Service & Supply, Inc. (Appleton). The company sells mainly directly to end users.
Atlas Copco Acquired US Distributor of Compressors Read More »
Sulzer acquires GTC Technology US, LLC, a technology company offering proprietary processes and systems for the production of aromatics and other petrochemicals. This acquisition strengthens Sulzer Chemtech’s leadership in petrochemical processes and expands its revenue base to process licensing and associated proprietary equipment and chemicals. The enterprise value is USD 39 million (CHF 39 million).
Sulzer Strengthens its Chemtech Business Through the Acquisition of GTC Technology US Read More »
Following a year of fundamental changes and consolidation, Frankenthal-based pump and valve manufacturer KSB has charted a course for growth and is looking back on a positive first quarter of 2019. CEO Dr Stephan Timmermann explained the company’s business development in 2018 at the Group’s Annual General Meeting at the Frankenthal CongressForum on 29 May.
Annual General Meeting of KSB: Course Set for Growth After a Year of Major Changes Read More »
Xylem reported first quarter 2019 net income of $79 million, or $0.43 per share. Excluding the impact of restructuring, realignment and special charges, the Company delivered adjusted net income of $94 million or $0.52 per share in the quarter.
Xylem Reports First Quarter 2019 Results Read More »
Power plant purchasers will spend $3.2 billion for pumps next year. Sixty-seven percent of the purchases will be for Asian power plants. Decades ago many pump decisions for Asian power plants were made in other regions by international power plant developers. Today many Chinese power plant developers are making pump decisions for Africa, the Middle
McIlvaine: Power Industry will Spend $ 3.2 billion for Pumps Next Year Read More »