Pump Suppliers Utilize Acquisitions for Product, Application and Geographical Growth
A number of pump company acquisitions have taken place in the last year. All of these are chronicled in Pumps World Market published by the McIlvaine Company.
(Image: McIlvaine Company)
Many of the purchasers of pumps are international companies and prefer to deal with suppliers who can support their projects in all areas of the world. A number of recent acquisitions are motivated by the desire to extend the geographical reach of the acquiring company.
Nearly half the acquisitions are associated with the oil and gas industry. This reflects the increased demand for high performance pumps in unconventional extraction.
Several acquisitions involve expansion of pump product lines e.g. metering pumps. Others involve the purchase of companies with compatible product lines e.g. pumps and valves. Alfa Laval has pursued this strategy to a greater extent than most of its competitors. It supplies not only pumps and valves but the centrifuges, filters, heat exchangers and other equipment which requires flow control. So it can supply complete systems which utilize a higher percentage of its own products than most competitors.
Source:The McIlvaine Company
