AxFlow Strengthens Service Operations with German Acquisition
AxFlow Germany is strengthening its service offering with the acquisition of Pumpen Karrer, a family-owned company specialised in industrial equipment repair and maintenance, especially pumps.
Pumpen Karrer’s major business segments are chemicals, food & beverage, and building & construction.
The acquired operations will become a regional base for AxFlow Germany service in the Allgau region west of Munich. Pumpen Karrer has been a KSB Pump service partner for 46 years, and AxFlow will take over the service agreement with KSB as part of the transaction.
The benefits of the transaction flow in both directions, with cross-selling opportunities for both Pumpen Karrer and AxFlow. “Pumpen Karrer’s service business complements our pump business without overlapping,” says Georg Niebch, Managing Director, AxFlow Germany. “Their workshop will be used to reinforce AxFlow’s existing pump repair and maintenance business. Meanwhile, their service business can benefit from increased visibility through AxFlow’s market presence and field sales network.”
Founded in 1966, Pumpen Karrer is now owned by the founder’s son and daughter, who will continue to be involved in operations. “The company matches AxFlow’s values very well,” Niebch adds. “It is a good, independent service company with a long history, great team and excellent reputation. We are looking forward to building the business together.”
Pumpen Karrer CEO Roland Karrer also sees big benefits in working together. “We are very much looking forward to our future as part of AxFlow Germany, and we are sure that we can add an important part to the further development of this company,” he says.
Source: AxFlow Group