KSB Sells US Valves Company
The pump and valve manufacturer has divested the business activities of its subsidiary KSB AMRI, Inc. with effect from 31 January 2017.
Located in Houston, Texas, the US company produces specialised shut-off butterfly valves and actuators. The products are used for chlorine production in the chemical industry. Within the scope of the acquisition, Bray International, Inc. took over the production site and employees, as well as the ACRIS and AMRESIST brands. In addition, KSB and Bray concluded a sales and supply cooperation agreement. Selling KSB AMRI, Inc. is part of an initiative intended to simplify KSB’s organisational structure and streamline the product portfolio.
Source: KSB SE & Co. KGaA