Member News

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.

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

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.