- Email: [email protected]
Flowrox establishes Russian subsidiary
news
KETO Pumps makes Australian acquisition
A
ustralia’s KETO Pumps has completed the acquisition of Rockingham-based Pump Technology Services (PTS). Pump Technology Services specialises in supply, service and technical support for electric submersible, transfer, process pumps and associated equipment for the mining and oil and gas sectors. They are also the exclusive manufacturer of Scale Muncher components and package a range of solutions for dewatering, fire pump and switchboard/headworks trailers. “Our purchase of PTS is consistent with KETO Pumps’ strategy of growing our product range and internal engineering capability. PTS will enhance KETO’s ability to provide our customers with solutions to make their equipment more reliable and cost effective,” said KETO Pumps CEO Keith Mitchell. “We see huge opportunity for building on PTS’s strengths in Australia and into new markets, via KETO’s overseas network.” Commenting on the acquisition by KETO Pumps, Mark Woodley, managing director of PTS, said: “This is a highly complementary acquisition and we’re glad to have an owner with the same focus on growth, wellengineered product and customer satisfaction as KETO. Pump Technology Services within the mining sector has focused on alumina, iron ore and nickel and KETO’s experience is largely in gold, copper and coal. Together we can offer the mining sector a broader offering focused on efficient supply of pumps, parts and services.” Clyde Blowers Capital acquired KETO Pumps Australia, First Africa Pumps and Tri-Invest last year. The three companies have been brought together as KETO FAP Mining Pumps & Systems. For further information, visit www.ketopumps.com, www.clydeblowerscapital.com and www.firstafricapumps.co.za
Flux-Geräte adds new warehouse to Maulbronn site
G
erman barrel pump specialist Flux-Geräte GmbH has held
12
Pump Industry Analyst
a ground-breaking ceremony for an additional warehouse at its manufacturing facility in Maulbronn. Flux-Geräte needs more storage capacity because of the company’s growing product range and increasing international demand. “The new warehouse is an important and necessary investment for us, which will help secure the expansion for the future,” said managing partner Klaus Hahn. For further information, visit www.flux-pumpen.de
Xylem teams up with Mekorot’s WaTech
X
Flowrox establishes Russian subsidiary
F
innish valve and pump company Flowrox Group has set up a subsidiary in Moscow, Russia Flowrox LLC. “This is a significant step to improve the services and the supply of our products to our customers and partners in Russia and the CIS countries. With our own local organization we can offer high quality customer services and manage the distribution of our highly appreciated products to Russia very efficiently,” said Kauko Tanninen, the newly appointed managing director of Flowrox LLC. Tanninen knows the Russian and CIS markets well as he has been acting as Flowrox’s regional sales manager based in Moscow for many years. Establishing a subsidiary in Russia is part of Flowrox’s internationalization strategy. “The company has continued their internationalization path and expanded their service and sales office network especially in growth markets. The aim is to be close to the customers to secure fluent cooperation and dialogue with them. In addition, Flowrox has invested in larger product range and effective after-sales services during the past years,” said Tanninen.
ylem Inc has signed a cooperation agreement with WaTech, the technological development centre of Mekorot, Israel’s national water company, to evaluate new water technologies and accelerate the commercialization of products and services. The two organisations will jointly assess emerging technologies for water quality and security, for the optimization of water supply and for sustainable water and wastewater treatment and reuse. “We are proud to be partners with Mekorot WaTech on this meaningful initiative,” said Steve Loranger, CEO and president of Xylem. “Innovative and pioneering product development is at the very heart of what Xylem does. As global leaders in water, our mission is to play a leading role in solving the multifaceted issues we all face in securing a safe and sustainable water supply.” “We are delighted by this partnership agreement with Xylem,” said Simon BenHamo, CEO of Mekorot. “We are dedicated to seeking and developing new technologies as a central part of Mekorot. Our partnership with Xylem marks a new era in our mutual advancement in developing global state-ofthe-art water sector products.” In addition to facilitating the joint evaluation of new technologies by the two companies, the cooperation agreement will enable Xylem to test new products at Mekorot facilities.
majority of Edwards Group Ltd shareholders have approved the merger agreement that will see Atlas Copco acquire the vacuum pump manufacturer (see Pump Industry Analyst, August 2013). The deal is expected to close in the first quarter of 2014.
For further information, visit www.xyleminc.com and www.mekorot.co.il
For further information, visit www.edwardsvacuum. com and www.atlascopco.com
For further information, visit www.flowrox.com
Edwards shareholders approve acquisition by Atlas Copco
A
October 2013
KETO Pumps makes Australian acquisition
A
ustralia’s KETO Pumps has completed the acquisition of Rockingham-based Pump Technology Services (PTS). Pump Technology Services specialises in supply, service and technical support for electric submersible, transfer, process pumps and associated equipment for the mining and oil and gas sectors. They are also the exclusive manufacturer of Scale Muncher components and package a range of solutions for dewatering, fire pump and switchboard/headworks trailers. “Our purchase of PTS is consistent with KETO Pumps’ strategy of growing our product range and internal engineering capability. PTS will enhance KETO’s ability to provide our customers with solutions to make their equipment more reliable and cost effective,” said KETO Pumps CEO Keith Mitchell. “We see huge opportunity for building on PTS’s strengths in Australia and into new markets, via KETO’s overseas network.” Commenting on the acquisition by KETO Pumps, Mark Woodley, managing director of PTS, said: “This is a highly complementary acquisition and we’re glad to have an owner with the same focus on growth, wellengineered product and customer satisfaction as KETO. Pump Technology Services within the mining sector has focused on alumina, iron ore and nickel and KETO’s experience is largely in gold, copper and coal. Together we can offer the mining sector a broader offering focused on efficient supply of pumps, parts and services.” Clyde Blowers Capital acquired KETO Pumps Australia, First Africa Pumps and Tri-Invest last year. The three companies have been brought together as KETO FAP Mining Pumps & Systems. For further information, visit www.ketopumps.com, www.clydeblowerscapital.com and www.firstafricapumps.co.za
Flux-Geräte adds new warehouse to Maulbronn site
G
erman barrel pump specialist Flux-Geräte GmbH has held
12
Pump Industry Analyst
a ground-breaking ceremony for an additional warehouse at its manufacturing facility in Maulbronn. Flux-Geräte needs more storage capacity because of the company’s growing product range and increasing international demand. “The new warehouse is an important and necessary investment for us, which will help secure the expansion for the future,” said managing partner Klaus Hahn. For further information, visit www.flux-pumpen.de
Xylem teams up with Mekorot’s WaTech
X
Flowrox establishes Russian subsidiary
F
innish valve and pump company Flowrox Group has set up a subsidiary in Moscow, Russia Flowrox LLC. “This is a significant step to improve the services and the supply of our products to our customers and partners in Russia and the CIS countries. With our own local organization we can offer high quality customer services and manage the distribution of our highly appreciated products to Russia very efficiently,” said Kauko Tanninen, the newly appointed managing director of Flowrox LLC. Tanninen knows the Russian and CIS markets well as he has been acting as Flowrox’s regional sales manager based in Moscow for many years. Establishing a subsidiary in Russia is part of Flowrox’s internationalization strategy. “The company has continued their internationalization path and expanded their service and sales office network especially in growth markets. The aim is to be close to the customers to secure fluent cooperation and dialogue with them. In addition, Flowrox has invested in larger product range and effective after-sales services during the past years,” said Tanninen.
ylem Inc has signed a cooperation agreement with WaTech, the technological development centre of Mekorot, Israel’s national water company, to evaluate new water technologies and accelerate the commercialization of products and services. The two organisations will jointly assess emerging technologies for water quality and security, for the optimization of water supply and for sustainable water and wastewater treatment and reuse. “We are proud to be partners with Mekorot WaTech on this meaningful initiative,” said Steve Loranger, CEO and president of Xylem. “Innovative and pioneering product development is at the very heart of what Xylem does. As global leaders in water, our mission is to play a leading role in solving the multifaceted issues we all face in securing a safe and sustainable water supply.” “We are delighted by this partnership agreement with Xylem,” said Simon BenHamo, CEO of Mekorot. “We are dedicated to seeking and developing new technologies as a central part of Mekorot. Our partnership with Xylem marks a new era in our mutual advancement in developing global state-ofthe-art water sector products.” In addition to facilitating the joint evaluation of new technologies by the two companies, the cooperation agreement will enable Xylem to test new products at Mekorot facilities.
majority of Edwards Group Ltd shareholders have approved the merger agreement that will see Atlas Copco acquire the vacuum pump manufacturer (see Pump Industry Analyst, August 2013). The deal is expected to close in the first quarter of 2014.
For further information, visit www.xyleminc.com and www.mekorot.co.il
For further information, visit www.edwardsvacuum. com and www.atlascopco.com
For further information, visit www.flowrox.com
Edwards shareholders approve acquisition by Atlas Copco
A
October 2013