- Email: [email protected]
Atlas Copco completes Itubombas acquisition
NEWS/IN BRIEF In 2016, the Gestra business had revenues of approximately E92.5 million and earnings before interest and taxes of E15.2 million. Baird was Flowserve’s exclusive financial advisor on the deal. For further information, visit www.flowserve.com, www.gestra.com and www.spiraxsarcoengineering. com
Atlas Copco completes Itubombas acquisition
S
wedish industrial company Atlas Copco has finalized its acquisition of the Brazilian pump rental business Itubombas Locação Comércio Importação e Exportação Ltda (see Pump Industry Analyst, April 2017). Based in Itu, in the Brazilian state of São Paulo, Itubombas rents out diesel and electric driven centrifugal pumps to the oil and gas, construction and mining sectors. Itubombas employs around 40 people and had 2016 revenues of approximately BRL18 million. Itubombas is now part of the Specialty Rental division in Atlas Copco’s Construction Technique business area. As well as pumps, Construction Technique provides construction and demolition tools, portable compressors, generators and lighting towers.
For further information, visit www.atlascopco.com and www.itubombas.com.br
John Crane invests in Middle East service
S
ealing specialist John Crane has opened a service centre in Ruwais in the United Arab Emirates. Working with local agent Abu Dhabi Oilfield Services, John Crane is setting up a mechanical seal service facility with state of the art tooling and test equipment. The facility will have seal workshops and offer seal installation and commissioning support. “John Crane has a long standing relationship with the Abu Dhabi National Oil Co (ADNOC) group of businesses and establishing a service centre in Ruwais is proof of our commitment to provide world class service and support to our customers,” explained Niall Eaglestone, sales and service
May 2017
manager for John Crane Abu Dhabi. “At a time when the oil and gas sector is under pressure to reduce costs and operate leanly, we maintain a long-term growth vision by investing in local infrastructure.” John Donatiello, John Crane’s vice president of Global End-User Sales and Service, added: “Due to the mission-critical nature of our customers’ operations, they depend on us for a highly responsive service to increase uptime, reduce maintenance costs whenever possible and help them maintain environmentally safe operations. With this in mind, we are committed to strengthening our service capabilities around the world and strategically build out our strong global footprint of more than 200 facilities.” For further information, visit www.johncrane.com
Alfa Laval forms Food & Water competence centre in Denmark
A
lfa Laval is transforming its manufacturing site in Søborg, Denmark into a Food & Water competence centre. Over the next 18 months, the Alfa Laval site in Søborg will shift its focus from manufacturing to sales, research & development and engineering and supply. Søborg will also have a new testing facility. By the end of this year, the company will have transferred the production of its Alfa Laval PureBallast ballast water treatment system to its plant in Aalborg, Denmark. Decanter manufacturing will move to Alfa Laval’s facility in Krakow, Poland. This transfer, which should be completed during the fourth quarter of 2018, is expected to affect about 100 employees in Søborg. Alfa Laval says these changes are designed to strengthen the company’s global position within food and water and to further improve cost competitiveness by consolidating manufacturing to fewer sites in Europe. “Alfa Laval has invested and built two important global competence and test centres in Denmark; in Kolding – hygienic fluid handling to the food and pharmaceutical industry, and recently in Aalborg – a unique test and training centre for different products and applications to the marine industry. Based on the positive experiences and after a careful evaluation, Søborg was
In Brief sä KSB Pumps Ltd has opened its 6th manufacturing plant in India. The first phase of the Energy Pumps Division’s new 16500 sq m facility in Shirwal, near Pune was completed in just 10 months, with an investment of Rs1200 million. KSB is planning to expand the facility by another 6500 sq m by early 2018 to complement the capacity of its Chinchwad plant. www.ksb.com sä Sulzer says that it is expecting to close its acquisition of a controlling interest in Rotec GT, the gas turbine maintenance business of the Rotec group, in the second quarter of 2017 (see Pump Industry Analyst, December 2016). Rotec GT, which is headquartered in Moscow and majority-owned by Renova, is mainly active in the Russian market. www.sulzer.com and www.zaorotec. com sä Borets, the Russian electric submersible pump (ESP) systems manufacturer, has acquired a new facility in Midland, Texas, USA. The 11.2 acre site has more than 58 000 sq ft of manufacturing and service space, and around 10 000 sq ft of offices. The new Borets facility will have assembly and disassembly operations, a cable service shop and sales and field service teams for the Permian Basin. www.borets.com sä Grundfos’s SP stainless steel submersible pump is celebrating its 50th anniversary this year. Four million SP pumps have been produced since Poul Due Jensen launched the world’s first submersible pump made entirely of stainless steel in 1967. “The SP pump remains a top product in our portfolio, which definitely says something about how innovative the original design was,” said Søren Skjalm-Rasmussen, director of Grundfos’s Water Utility Business Development. “The combination of design and material is still considered to be optimal, and through research and development, we have managed to keep the position as a product leader in regards to energy efficiency and opportunities for improvement.” www.grundfos.com
Pump Industry Analyst
3
Atlas Copco completes Itubombas acquisition
S
wedish industrial company Atlas Copco has finalized its acquisition of the Brazilian pump rental business Itubombas Locação Comércio Importação e Exportação Ltda (see Pump Industry Analyst, April 2017). Based in Itu, in the Brazilian state of São Paulo, Itubombas rents out diesel and electric driven centrifugal pumps to the oil and gas, construction and mining sectors. Itubombas employs around 40 people and had 2016 revenues of approximately BRL18 million. Itubombas is now part of the Specialty Rental division in Atlas Copco’s Construction Technique business area. As well as pumps, Construction Technique provides construction and demolition tools, portable compressors, generators and lighting towers.
For further information, visit www.atlascopco.com and www.itubombas.com.br
John Crane invests in Middle East service
S
ealing specialist John Crane has opened a service centre in Ruwais in the United Arab Emirates. Working with local agent Abu Dhabi Oilfield Services, John Crane is setting up a mechanical seal service facility with state of the art tooling and test equipment. The facility will have seal workshops and offer seal installation and commissioning support. “John Crane has a long standing relationship with the Abu Dhabi National Oil Co (ADNOC) group of businesses and establishing a service centre in Ruwais is proof of our commitment to provide world class service and support to our customers,” explained Niall Eaglestone, sales and service
May 2017
manager for John Crane Abu Dhabi. “At a time when the oil and gas sector is under pressure to reduce costs and operate leanly, we maintain a long-term growth vision by investing in local infrastructure.” John Donatiello, John Crane’s vice president of Global End-User Sales and Service, added: “Due to the mission-critical nature of our customers’ operations, they depend on us for a highly responsive service to increase uptime, reduce maintenance costs whenever possible and help them maintain environmentally safe operations. With this in mind, we are committed to strengthening our service capabilities around the world and strategically build out our strong global footprint of more than 200 facilities.” For further information, visit www.johncrane.com
Alfa Laval forms Food & Water competence centre in Denmark
A
lfa Laval is transforming its manufacturing site in Søborg, Denmark into a Food & Water competence centre. Over the next 18 months, the Alfa Laval site in Søborg will shift its focus from manufacturing to sales, research & development and engineering and supply. Søborg will also have a new testing facility. By the end of this year, the company will have transferred the production of its Alfa Laval PureBallast ballast water treatment system to its plant in Aalborg, Denmark. Decanter manufacturing will move to Alfa Laval’s facility in Krakow, Poland. This transfer, which should be completed during the fourth quarter of 2018, is expected to affect about 100 employees in Søborg. Alfa Laval says these changes are designed to strengthen the company’s global position within food and water and to further improve cost competitiveness by consolidating manufacturing to fewer sites in Europe. “Alfa Laval has invested and built two important global competence and test centres in Denmark; in Kolding – hygienic fluid handling to the food and pharmaceutical industry, and recently in Aalborg – a unique test and training centre for different products and applications to the marine industry. Based on the positive experiences and after a careful evaluation, Søborg was
In Brief sä KSB Pumps Ltd has opened its 6th manufacturing plant in India. The first phase of the Energy Pumps Division’s new 16500 sq m facility in Shirwal, near Pune was completed in just 10 months, with an investment of Rs1200 million. KSB is planning to expand the facility by another 6500 sq m by early 2018 to complement the capacity of its Chinchwad plant. www.ksb.com sä Sulzer says that it is expecting to close its acquisition of a controlling interest in Rotec GT, the gas turbine maintenance business of the Rotec group, in the second quarter of 2017 (see Pump Industry Analyst, December 2016). Rotec GT, which is headquartered in Moscow and majority-owned by Renova, is mainly active in the Russian market. www.sulzer.com and www.zaorotec. com sä Borets, the Russian electric submersible pump (ESP) systems manufacturer, has acquired a new facility in Midland, Texas, USA. The 11.2 acre site has more than 58 000 sq ft of manufacturing and service space, and around 10 000 sq ft of offices. The new Borets facility will have assembly and disassembly operations, a cable service shop and sales and field service teams for the Permian Basin. www.borets.com sä Grundfos’s SP stainless steel submersible pump is celebrating its 50th anniversary this year. Four million SP pumps have been produced since Poul Due Jensen launched the world’s first submersible pump made entirely of stainless steel in 1967. “The SP pump remains a top product in our portfolio, which definitely says something about how innovative the original design was,” said Søren Skjalm-Rasmussen, director of Grundfos’s Water Utility Business Development. “The combination of design and material is still considered to be optimal, and through research and development, we have managed to keep the position as a product leader in regards to energy efficiency and opportunities for improvement.” www.grundfos.com
Pump Industry Analyst
3