WINTERTHUR, Switzerland (Feb. 1, 2017)—Sulzer announced that it has completed the acquisition of Ensival Moret (EM), a part of Moret Industries. Sulzer earlier disclosed in a statement on Nov. 28, 2016, that it was in exclusive discussions to acquire EM. Sulzer will immediately start to integrate EM in its Pumps Equipment division. Combining the complementary product portfolios enables Sulzer to become a full line supplier in most industrial process applications, according to a statement from Sulzer. The business will be fully integrated into Sulzer’s Pumps Equipment division and will generate significant synergies by leveraging scale and cross-selling opportunities, according to the statement. The acquisition allows Sulzer to close specific product gaps in its general industry pumps portfolio, such as axial flow pumps and slurry pumps, the statement said. EM offers a wide range of industrial pumps with strong positions in a broad range of industrial applications such as fertilizers, sugar, mining and chemicals, according to Sulzer. EM’s main manufacturing facilities are based in Saint Quentin, France, and Thimister, Belgium. It also operates facilities in Brazil and China, as well as multiple service centers across the globe. César Montenegro, president of Sulzer’s Pumps Equipment division, said: “We warmly welcome EM’s employees to the Sulzer family and are looking forward to growing together in our general industry business by serving our customers’ process needs.”
Wed, 02/01/2017 - 09:38