ST. LOUIS, Mo. – Control Devices, LLC, a portfolio company of HBM Holdings, has announced that it has acquired Gilmore. The acquisition expands Control Devices’ flow control solutions portfolio while widening its reach in the oil and gas market. The acquisition also broadens HBM Holdings’ expertise in the flow control sector.
NEWS
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KIEL, Germany – Two new managing directors strengthen the management team of the Sauer Compressors Group. The compressor manufacturer has appointed Nicole Fässler as CFO and Mladen Milcinovic as COO as of January 1, 2024.
BJERRINGBRO, Denmark – Grundfos has announced the appointment of Inge Delobelle as executive vice president and Divisional CEO, Industry. She assumes the role on March 1, 2024 and will join Grundfos’ group management.
Delobelle is an experienced, international executive with more than 10 years of experience on executive level, driving business operations in multinational industrial companies of ThyssenKrupp, most recently holding the role as CEO for TK Elevator Europe and Africa.
BALTIMORE, Md. – Danfoss Drives has announced that Hannes Leichtfried has been appointed head of sales and marketing for the Drives business segment in North America. With nearly 30 years of experience at Danfoss in Austria and Germany, Leichtfried, an Austrian native, is excited to continue to build the North America Drives business.
STAMFORD, Conn. – ITT Inc. has announced the completion of its acquisition of Svanehøj Group A/S (Svanehøj), a supplier of pumps and related aftermarket services.
WHITE RIVER JUNCTION, Vt. – Concepts NREC has announced the acquisition of RBTS, Inc.
STAMFORD, Conn. – ITT Inc. has announced the election of Sharon Szafranski to its Board of Directors. Szafranski currently serves as executive vice president of the welding segment at Illinois Tool Works (ITW). Szafranski began her career at ITW in 1994.
DENVER, Colo. – The board also selected AWWA’s next treasurer, three vice presidents and a director-at-large during its annual winter meeting in Sedona, Arizona.
Collins will begin her term as president-elect in June at the conclusion of AWWA’s Annual Conference & Exposition (ACE24). Her term as president begins in June 2025 following that of current president-elect Cheryl Porter.
DUBLIN – Intelligent power management company Eaton announced today that Olivier Leonetti has been named executive vice president and chief financial officer, effective February 5, 2024. He succeeds Thomas B. Okray, who is leaving the company for personal reasons.
NACKA, Sweden – The Board of Directors of Atlas Copco AB has appointed Vagner Rego as the new president and CEO of Atlas Copco Group, effective May 1st, 2024. He will replace Mats Rahmström who has, as previously communicated, requested to leave his position after successfully leading the Group since 2017.