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KSB acquires Danish pump maker Smedegaard
NEWS
KSB acquires Danish pump maker Smedegaard
K
SB has taken an 80% interest in the Copenhagen-based pump manufacturer T Smedegaard A/S. Established in 1942, Smedegaard makes circulating pumps used in heating systems. The pump company has two production sites, one in Copenhagen, Denmark and the other in Beinwil am See, Switzerland, as well as business locations in the UK and -Üi`i°Ê-©ÀiÊ-i`i}>>À`ÊÀi>ÃÊÜÌ Ê the company and will be responsible for sales as one of the company’s two managing directors. “The take-over aims at securing our building services project business in the areas of heating, ventilation and air-conditioning,” said Dr Wolfgang Schmitt, chairman of the KSB board of management. KSB will integrate the Smedegaard circulating pumps into its existing product portfolio. The Smedegaard pumps will be part of KSB’s building services pump offering. Distributed through KSB’s sales organisation, the Smedegaard products will now reach a broader customer base.
For further information, visit www.ksb.com and www. smedegaard.dk
Xylem expands in Russian market with new Moscow base
X
ylem Inc has opened a new distribution and customer service centre in Moscow, Russia. The company’s expanded presence in Russia will focus on boosting sales and distribution, improving relationships with Russian customers and delivering local customer service, after-sales support, application engineering and training. The Moscow team will concentrate on core markets, including wastewater transport and treatment, energy-efficient heating, ventilation and air conditioning for residential and commercial buildings, and water solutions for light industry, agriculture and irrigation. The company has been doing business in Russia since 2005 through two 16
Pump Industry Analyst
independent local distributors for its Lowara, Vogel, Leopold, Flygt, WEDECO, Godwin and Sanitaire brands. “The channels to our customers are becoming considerably shorter, and we can now personally accompany our customers on-site throughout the development of projects, offering applications solutions and systems expertise,” said André Dhawan, vice president and general manager of Xylem’s Residential and Commercial Water business in Europe. For further information, visit www.xyleminc.com
Editorial Office: Elsevier Limited, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, United Kingdom Tel: +44 (0)1865 843695 Fax: +44 (0)1865 843933 Web: www.pumpindustryanalyst.com Editor: Roisin Reidy E-mail: [email protected] Production Support Manager: Lin Lucas E-mail: [email protected] Publisher: David Hopwood Subscription Information
Grundfos delivers 8% growth in 2011 turnover
G
rundfos sold its largest-ever number of pumps in a year in 2011, achieving net turnover of DKK21.2 billion and net profit of almost DKK1.3 billion. This compares with net turnover of DKK19.6 billion and net profit of DKK1.6 billion in 2010. “The sales development was precisely as budgeted with an 8% growth and we are very pleased that we can help even more people fulfil their basic requirements for water and comfort,” said Grundfos group president Carsten Bjerg. “We anticipate a lower growth level in the European market for a number of years to come, so here our challenge will be creating growth even without help from a growing market.” “We are pumping even more resources into our developing areas and our investments in new production lines and new factories will reach historic heights in 2012. In addition, our efforts to expand the business into water treatment will be boosted,” said Bjerg. During 2011 Grundfos set up a global competence centre for water supply and wastewater near Copenhagen, established new sales companies in South America and invested in new factories in Singapore, Serbia and Hungary. Grundfos spent DKK1.2 billion on research and technology development during the year. A number of new, energy efficient circulator pumps were introduced recently which Grundfos expects will contribute to increased market share, turnover and profit.
An annual subscription to Pump Industry Analyst includes 12 issues and online access for up to 5 users. Prices: 1232 for all European countries & Iran US$1382 for all countries except Europe and Japan ¥163 800 for Japan (Prices valid until 31 December 2012) To subscribe send payment to the address above. Tel: +44 (0)1865 843687 or via www.pumpindustryanalyst.com Subscriptions run for 12 months, from the date payment is received. Permissions may be sought directly from Elsevier Rights & Permissions Department, PO Box 800, Oxford OX5 1DX, UK; phone: (+44) 1865 843830, fax: (+44) 1865 853333, email: permissions@ elsevier.com. You may also contact Rights & Permissions directly through Elsevier’s home page (http://www.elsevier.com), selecting first ‘Customer Support’, then ‘General Information’, then Permissions Query Form’. In the USA, users may clear permissions and make payments through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; phone: (978) 7508400, fax: (978) 7504744, and in the UK through the Copyright Licensing Agency Rapid Clearance Service (CLARCS), 90 Tottenham Court Road, London W1P 0LP, UK; phone: (+44) 207 436 5931; fax: (+44) 207 436 3986. Other countries may have a local reprographic rights agency for payments. Derivative Works Subscribers may reproduce tables of contents or prepare lists of articles including abstracts for internal circulation within their institutions. Permission of the publisher is required for resale or distribution outside the institution. Permission of the publisher is required for all other derivative works, including compilations and translations. Electronic Storage or Usage Permission of the publisher is required to store or use electronically any material contained in this journal, including any article or part of an article. Contact the publisher at the address indicated. Except as outlined above, no part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the publisher. Address permissions requests to: Elsevier Rights & Permissions Department, at the mail, fax and email addresses noted above. Notice No responsibility is assumed by the Publisher for any injury and/or damage to persons or property as a matter of products liability, negligence or otherwise, or from any use or operation of any methods, products, instructions or ideas contained in the material herein. Because of rapid advances in the medical sciences, in particular, independent verification of diagnoses and drug dosages should be made. Although all advertising material is expected to conform to ethical (medical) standards, inclusion in this publication does not constitute a guarantee or endorsement of the quality or value of such product or of the claims made of it by its manufacturer.
Digitally Produced by Mayfield Press (Oxford) LImited 12979
For further information, visit www.grundfos.com
March 2012
KSB acquires Danish pump maker Smedegaard
K
SB has taken an 80% interest in the Copenhagen-based pump manufacturer T Smedegaard A/S. Established in 1942, Smedegaard makes circulating pumps used in heating systems. The pump company has two production sites, one in Copenhagen, Denmark and the other in Beinwil am See, Switzerland, as well as business locations in the UK and -Üi`i°Ê-©ÀiÊ-i`i}>>À`ÊÀi>ÃÊÜÌ Ê the company and will be responsible for sales as one of the company’s two managing directors. “The take-over aims at securing our building services project business in the areas of heating, ventilation and air-conditioning,” said Dr Wolfgang Schmitt, chairman of the KSB board of management. KSB will integrate the Smedegaard circulating pumps into its existing product portfolio. The Smedegaard pumps will be part of KSB’s building services pump offering. Distributed through KSB’s sales organisation, the Smedegaard products will now reach a broader customer base.
For further information, visit www.ksb.com and www. smedegaard.dk
Xylem expands in Russian market with new Moscow base
X
ylem Inc has opened a new distribution and customer service centre in Moscow, Russia. The company’s expanded presence in Russia will focus on boosting sales and distribution, improving relationships with Russian customers and delivering local customer service, after-sales support, application engineering and training. The Moscow team will concentrate on core markets, including wastewater transport and treatment, energy-efficient heating, ventilation and air conditioning for residential and commercial buildings, and water solutions for light industry, agriculture and irrigation. The company has been doing business in Russia since 2005 through two 16
Pump Industry Analyst
independent local distributors for its Lowara, Vogel, Leopold, Flygt, WEDECO, Godwin and Sanitaire brands. “The channels to our customers are becoming considerably shorter, and we can now personally accompany our customers on-site throughout the development of projects, offering applications solutions and systems expertise,” said André Dhawan, vice president and general manager of Xylem’s Residential and Commercial Water business in Europe. For further information, visit www.xyleminc.com
Editorial Office: Elsevier Limited, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, United Kingdom Tel: +44 (0)1865 843695 Fax: +44 (0)1865 843933 Web: www.pumpindustryanalyst.com Editor: Roisin Reidy E-mail: [email protected] Production Support Manager: Lin Lucas E-mail: [email protected] Publisher: David Hopwood Subscription Information
Grundfos delivers 8% growth in 2011 turnover
G
rundfos sold its largest-ever number of pumps in a year in 2011, achieving net turnover of DKK21.2 billion and net profit of almost DKK1.3 billion. This compares with net turnover of DKK19.6 billion and net profit of DKK1.6 billion in 2010. “The sales development was precisely as budgeted with an 8% growth and we are very pleased that we can help even more people fulfil their basic requirements for water and comfort,” said Grundfos group president Carsten Bjerg. “We anticipate a lower growth level in the European market for a number of years to come, so here our challenge will be creating growth even without help from a growing market.” “We are pumping even more resources into our developing areas and our investments in new production lines and new factories will reach historic heights in 2012. In addition, our efforts to expand the business into water treatment will be boosted,” said Bjerg. During 2011 Grundfos set up a global competence centre for water supply and wastewater near Copenhagen, established new sales companies in South America and invested in new factories in Singapore, Serbia and Hungary. Grundfos spent DKK1.2 billion on research and technology development during the year. A number of new, energy efficient circulator pumps were introduced recently which Grundfos expects will contribute to increased market share, turnover and profit.
An annual subscription to Pump Industry Analyst includes 12 issues and online access for up to 5 users. Prices: 1232 for all European countries & Iran US$1382 for all countries except Europe and Japan ¥163 800 for Japan (Prices valid until 31 December 2012) To subscribe send payment to the address above. Tel: +44 (0)1865 843687 or via www.pumpindustryanalyst.com Subscriptions run for 12 months, from the date payment is received. Permissions may be sought directly from Elsevier Rights & Permissions Department, PO Box 800, Oxford OX5 1DX, UK; phone: (+44) 1865 843830, fax: (+44) 1865 853333, email: permissions@ elsevier.com. You may also contact Rights & Permissions directly through Elsevier’s home page (http://www.elsevier.com), selecting first ‘Customer Support’, then ‘General Information’, then Permissions Query Form’. In the USA, users may clear permissions and make payments through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; phone: (978) 7508400, fax: (978) 7504744, and in the UK through the Copyright Licensing Agency Rapid Clearance Service (CLARCS), 90 Tottenham Court Road, London W1P 0LP, UK; phone: (+44) 207 436 5931; fax: (+44) 207 436 3986. Other countries may have a local reprographic rights agency for payments. Derivative Works Subscribers may reproduce tables of contents or prepare lists of articles including abstracts for internal circulation within their institutions. Permission of the publisher is required for resale or distribution outside the institution. Permission of the publisher is required for all other derivative works, including compilations and translations. Electronic Storage or Usage Permission of the publisher is required to store or use electronically any material contained in this journal, including any article or part of an article. Contact the publisher at the address indicated. Except as outlined above, no part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the publisher. Address permissions requests to: Elsevier Rights & Permissions Department, at the mail, fax and email addresses noted above. Notice No responsibility is assumed by the Publisher for any injury and/or damage to persons or property as a matter of products liability, negligence or otherwise, or from any use or operation of any methods, products, instructions or ideas contained in the material herein. Because of rapid advances in the medical sciences, in particular, independent verification of diagnoses and drug dosages should be made. Although all advertising material is expected to conform to ethical (medical) standards, inclusion in this publication does not constitute a guarantee or endorsement of the quality or value of such product or of the claims made of it by its manufacturer.
Digitally Produced by Mayfield Press (Oxford) LImited 12979
For further information, visit www.grundfos.com
March 2012