Member News

Atlas Copco has acquired Appleton Compressor Service & Supply, Inc. (Appleton). The company sells mainly directly to end users.

Pentair plc announced that it has completed the acquisition of Aquion for $160million in cash, subject to customary post-closing adjustments.

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.

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.

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.

Flowserve Corporation a leading provider of flow control products and services for the global infrastructure markets, announced its financial results for the first quarter ended March 31, 2019.

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.