GLENDALE, Ariz. (June 26, 2012) – Steve Westbrook joins National Pump Company (NPC) as an applications engineer, specializing in quotes and customer service for the API, heavy industrial and municipal markets. He brings a wealth of product and market knowledge, with fifteen years of vertical turbine pump experience in applications and project engineering.
OSAKA, Japan (June 21, 2012) – Torishima Pump Mfg. Co. Ltd. of Osaka Japan and Fluid Equipment Development Co. LLC (FEDCO) announce the formation of the joint venture company “Advanced Pumps International” to focus on the development, manufacture and service of pumping equipment for the oil & gas industries.
SÃO PAULO, Brazil (June 21, 2012) – WEG has acquired Stardur Tintas Especiais Ltda., a company specialized in the production and sales of industrial paints. Located in Indaiatuba, state of São Paulo (Brazil), Stardur has 250 employees, with manufacturing facilities of 10,000 square meters and net revenues of approximately $ 40 million in 2011.
ZURICH, Switzerland (June 15 2012) – ABB announced that it has completed its acquisition of Tropos Networks Inc., a Silicon Valley-based company that develops and markets wireless technologies and products for distribution area communication networks.
KUZE MINAMI-KU, KYOTO, Japan (June 1, 2012) – Nidec Corporation completed the acquisition of Ansaldo Sistemi Industriali S.p.A. from HVEASI Holding, B.V. (Netherlands), a privately-owned company affiliated with Patriarch Partners, LLC. As a result, the acquired business, now consisting of the foreign companies listed below, became Nidec’s subsidiary.
The following is an outline of the companies that became Nidec’s new subsidiaries today:
1. Outline of the New Subsidiaries
FULTON, Md. (May 29, 2012) – Colfax Corporation, a diversified global manufacturing and engineering company, announced the acquisition of the 91 percent interest in Soldex S.A. held by Inversiones Breca S.A. and its affiliates. The transaction values Soldex S.A. at $235 million, including the assumption of debt.
LAKE FOREST, Ill. (April 30, 2012) – IDEX Corporation acquired ERC from MH Capital Partners II, L.P. (“MH Capital”). ERC manufactures gas liquid separations and detection solutions for the life science, analytical instrumentation and clinical chemistry markets.
NEUSS, Germany (April 10, 2012) – Verder acquired the company Eltra GmbH in Neuss, Germany and its manufacturing facility ASAL sarl in Bucharest, Romania.
Eltra is a manufacturer of elemental analyzers. The equipment is partly manufactured in its own factory Asal but the design, final assembly and testing is done in the Neuss facility. The products are distributed through a worldwide network of laboratory dealers with a customer base predominantly in the steel and ceramics industry.
ST. LOUIS (April 2, 2012) – Emerson announced it has acquired the Marine Container and Boiler business of Johnson Controls, Inc., enabling Emerson Climate Technologies to expand its refrigeration technology and solutions offerings in the global transportation sector. Terms of the acquisition were not disclosed.