The British distributor Obart from Maidstone in Kent now trades as Tsurumi Pumps UK. This means that the Japanese manufacturer now has six sales companies in Europe. This was announced by Tsurumi’s European headquarters in Düsseldorf, Germany. The change of name took place on 1 September 2023, following Tsurumi’s entry as majority shareholder in the […]
Atlas Copco is buying Australian dewatering pump manufacturer Sykes Group Pty Ltd from Seven Group Holdings Ltd. Headquartered in Newcastle, New South Wales, Sykes is a global manufacturer of dewatering pumps, predominantly used for transferring water with solids and abrasive nature within the mining and wastewater sectors. Sykes has 123 employees globally and annual revenues […]
Stefan Isberg has been General Manager at WANGEN PUMPEN since 1 July 2023, and heads the corporate management team together with Erik Sparby and Lorenz von Haller. The 48-year old Swede is responsible for the Production Centre Division (PC), which includes the Production, Finance/Controlling, IT, HR, Product Development and Purchasing departments. Since 2012, Stefan Isberg […]
International technology group ANDRITZ significantly increased revenue and earnings in the first half of 2023 compared to the first six months of the previous year despite the cooling global economy. With order intake stable, the order backlog at the end of June 2023 was six percent above the level at year-end 2022. ANDRITZ also expects […]
ITT Inc. announced the appointment of Fernando Roland as president of its Industrial Process (IP) business, reporting to Chief Executive Officer Luca Savi. Roland succeeds David Steblein, who retired earlier this year after more than 30 years with the company. IP, one of ITT’s three segments, is a global leader in centrifugal and twin-screw pumps […]
Orders CHF 1’992.4m, + 24.1% YOY on robust growth momentum in all divisions. Sales CHF 1’601.6m, +15.4% in H1 on robust execution. Operational profit CHF 162.4m, +27.3% YOY, which reflects improvements in operations. Executive Chairwoman Suzanne Thoma stated: “Due to favorable market conditions, our good positioning, first operational improvements and growth initiatives, we substantially increased […]
Atlas Copco has completed the acquisition of the cryopump service and distribution business of ZEUS Co., Ltd. The business provides service and sales distribution for the Vacuum Technique business area’s CTI and Polycold products in South Korea. The seller of the business, ZEUS Co., Ltd (ZEUS), is a company listed on the KOSDAQ Korea Exchange. […]