KETO Pumps Acquires Australian-Based Pump Technology Services

PERTH, Australia (Oct. 2, 2013) – KETO Pumps has completed the acquisition of Rockingham-based Pump Technology Services (PTS). PTS will become a KETO Pumps Group company, providing it with opportunities to expand its pump design, manufacturing and rotating equipment repair services in Australia and beyond. Pump Technology Services has been a key player in Australian pump manufacturing for more than 25 years. It specializes in supply, service and technical support for electric submersible, transfer, process pumps and associated equipment for the mining and oil & gas sectors. They are also the exclusive manufacturer of the Scale Muncher™ components and package a broad range of total solutions for dewatering, fire pump and switchboard / headworks trailers. Currently employing 26 full-time employees, it operates from its head office in Rockingham, Western Australia and in Brisbane, Queensland. As well as the design, manufacture and supply of pumps and systems, internal capability covers a wide range of engineering services including installation & commissioning, engineering design, manufacturing, pattern making, pump testing, training services and re-engineering & upgrades. PTS have a well-equipped ISO 9001 qualified workshop with full pump test facility, balancing machines, coordinate measuring probe arm, lifting capacity up to 8 tonnes, 3 axis CNC router for producing patterns and 3-D scanning/printing capability. “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 CEO of KETO Pumps, 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 Mark Woodley, Managing Director of PTS, comments, “This is a highly complementary acquisition and we’re glad to have an owner with the same focus on growth, well engineered 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.” KETO Pumps is a designer, manufacturer and supplier of engineered slurry pumps, solutions and associated products. It was formed in 2012, when global engineering group Clyde Blowers Capital acquired KETO Pumps Australia, First Africa Pumps and Tri-Invest. The merger of the three companies formed KETO Pumps. KETO Pumps network includes manufacturing/service/sales offices in Australia, South Africa, America and the United Kingdom complimented by a network of global distributors. With a comprehensive range of complete pumps as well as pump upgrades they offer increased wear life for arduous mine applications, reducing the cost of mining for their global customer base. Clyde Blowers Capital (CBC) is an experienced owner and manager of industrial businesses that typically serve the mining, oil and gas, petrochemicals, power, renewable and water sectors. CBC currently manages a suite of industrial companies including world leaders in the manufacture of industrial gearing, electric motors, oil services, hydraulics and clean energy technologies for power stations. These companies manufacture highly engineered equipment for applications in the most sophisticated end markets whilst serving a global customer base. Its company brands include David Brown Gears, Santasalo Moventas, Parsons Peebles and Clyde Bergemann.