Green light for Svedala deal
Gardner Denver buys Hoffman
Finnish company Metso Corp is
and France, which generate
Industrial pump and compressor
strong brand recognition,
going ahead with its acquisition
annual sales of e146 million
manufacturer Gardner Denver,
application engineering and
of Svedala Industri AB now that
(US $13 2 million) and employ
USA, has acquired Hoffman Air
capabilities and broad product
the deal has been approved by
around 900 people.
Filtration Systems from Invensys
offering will allow Gardner
both the European and US competition
Metso says its offer has been completed to such an extent that
authorities.
Metso first made a cash offer
it now controls approximately
Inc in a cash deal worth
Denver to continue to enhance
approximately US$45 million.
its position in as a leading
Hoffman, headquartered in
international supplier of
for the entire stock of Svedala in
99.4% of Svedala. The
Syracuse, NewYork, supplies
the middle of last year
combination of Metso Minerals
multistage centrifugal blowers
and Svedala will create a global
and vacuum systems for
August 2000, p.6), but the
market leader in rock and
wastewater treatment and
rotary and vane compressor and
competition review processes
mineral processing technology,
industrial applications. In the last
reported revenues in 2000 of
undertaken by the European
increasing Metso’s net sales to
financial year, Hoffman’s
$379 million.
Union (EU) Commission and
approximately e5500 million
revenues were approximately
the US Federal Trade
($498 I million) and its staff to
$41 million.
Commission (FTC) ruled that
32 000. Metso says the deal falls
July/
(Filtration+.Separation,
According to Ross Centanni,
compressed air products. Gardner Denver manufactures reciprocating,
Contact: Gardner Denver Inc, 1800 Gardner Expressway, @incy, IL
certain Svedala businesses must
in line with strategy to create a
chairman, president and chief
62301,
be divested as part of the deal.
more balanced portfolio and it
executive officer (CEO) of
Tel: +1 217 222 5400;
Swedish company Sandvik
believes the acquisition will
Gardner Denver, Hoffman’s
Website: www.gardnerdenver. corn
Mining and Construction
has
enhance earnings within a year
now been named as the
of completion,
approved purchaser of these
benefits available at e70 million
businesses, which has cleared the
($63 million) per annum.
with synergistic
way for Metso to continue with its offer. Sandvik’s agreement
Contact: Metso Carp, Fabioninkatu
covers products for the
9A, PO Box 1220,
construction
Helsinki, Finland.
and mining
FIN-001 01,
industry such as crushers,
Tel: +358
20 484
100;
screens and feeders and includes
Fax: +358
20 484
101;
two production units in Sweden
Website: www.metsocorporation.com
eFiltration returns home After less than two years as an
USA.
GEA consolidates membrane activities International process
Tuchenhagen, Scami
engineering group GEA has
Tuchenhagen and Westfalia
formed a new business unit,
Separator Co. In addition to
GEA Filtration, which is
offering existing membrane
dedicated to supplying
systems, GEA Filtration has a
membrane filtration technology
fully equipped development
and systems.
laboratory in Hudson, which
Comprising a number of
Other reports indicate that
operates a range of studies from
different GEA divisions, GEA
small volume feasibility
Filtration was formed as part of
evaluations up to large scale
independent company
eFiltration will function as the
the group’s expanding
optimization trials, and develops
eFiltration, the on-line
on-line sales arm for Filtration
membrane activities. Based in
new filtration applications and
marketplace for the filtration
Group, targeting key markets
Hudson, Wisconsin, USA, GEA
processes. Pilot plants in all
industry, has been sold back to
that the company feel will offer
Filtration will provide
membrane types are available for
Chicago based Filtration Group
growth opportunities
membrane systems for reverse
on-site trials, from bench-top
Inc. The terms of the sale were
likely to adopt on-line
osmosis, nanofiltration,
laboratory models to
not disclosed.
procurement.
According to early reports, despite achieving product sales
and are
ultrafiltration and microfiltration
continuous, semi-automated
is the largest private filtration
applications in the dairy, food
pilot plants designed for large
manufacturer in the USA.
and beverage, pharmaceutical
flow scale-up capabilities.
Filtration Group
and waste water industries,
of over US$2 million since its founding, eFiltration’s parent
Contact: Filtration Group, 912 East
among others. In order to
Contact: GEA Filtration, Niro Inc.
company United Process Group
Washington Street, Joliet, Illinois
provide users with customized
1600
decided that on-line sales did
60433,
Bltration plants as well as
Wisconsin 54016,
USA.
not fit well with that its core
Tel: +1 815 726 4600;
complete process lines, GEA
Tel: +I
715 386
9371;
electronic business solutions
Fax: +1 815 726 8912;
Filtration will offer a range of
Fax: +l
715 386
9376;
activities.
Website: www.jltgroup.com
membrane technology from
E-mail:
[email protected];
companies including Niro,
www.geajltration.com
4
October
2Ool
USA.
O’Keefe Road, Hudson,
Filtration+Separation