ENGINEERINGNET.EU -- Sulzer announces the completion of the privately Hidrotecar S.A. in Burgos, Spain. The acquired company achieved sales of EUR 13 million in 2010; it employs about 50 people.
With this acquisition, Sulzer Pumps intends to ‘further enhance its footprint in Europe with a new manufacturing, assembly, and service facility mainly serving water customers in Europe, the Middle East, and Africa’.
In addition, the transaction will allow Sulzer Pumps to further strengthen the aftermarket presence for its customers in the water segment.
BACKGROUNDER
Sulzer Pumps, a division of Sulzer in Switzerland, develops and supplies centrifugal pumps worldwide. The division’s customers come from the oil and gas, hydrocarbon processing, power generation and water and wastewater sectors as well as from the pulp and paper market and other general industries.
