Pedrollo Group Acquires Majority Ownership of Superior Pump

Founded in 1974, Pedrollo Group is an Italian family company in the water pumps industry. The group recently acquired a majority share of Superior Pump, the brand name for Michel Sales Company, based in Saint Paul, Minnesota. Superior Pump designs, manufactures and markets residential and commercial water pumps and systems with a presence in the North American market. Charlie Michel III will remain minority shareholder and CEO of Superior Pump.

Through the acquisition of a major stake in Superior Pump, Pedrollo is pursuing two strategic objectives: to strengthen its presence in North America and to extend the entire product range of the group to a large and consolidated customer base.