Sulzer Acquires Minority Share in Wealth Minerals Ltd.

The Supreme Industries Ltd. (“Supreme”), India’s plastic pipe manufacturer, and the Building & Infrastructure (Wavin) business of Orbia Advance Corporation S.A.B. de CV (BMV: Orbia), a global specialist in pipes and fittings, announced the intention to enter into a long-term partnership agreement.

Sulzer announces the acquisition of Davies and Mills, an electromechanical services (EMS) provider based in Bahrain. With this acquisition, Sulzer expands its regional footprint in the Middle East to six service locations, welcoming 53 former Davies and Mills employees to the Sulzer family in Bahrain. The acquisition was concluded in January 2025, bringing exceptional expertise to Sulzer’s portfolio.

Sulzer has expanded its Service Center in Vadodara, India, to offer turbomachinery support in close proximity to major industry players in India’s mid-western oil and gas industrial belt. The expansion follows the recent launch of Sulzer’s Chennai Service Centre in southeastern India, reinforcing the company’s commitment to the Indian market as the country intensifies its focus on energy security and sustainability.

Sulzer adds South Africa, Ireland and Finland to its group of Top Employer countries in 2025, also gaining recertification for Brazil, China, Germany, Switzerland, the UK and the USA. With these new country awards, Sulzer is recognized for the first time as a regional Top Employer in Europe.

Sulzer Services recently partnered with a branch of Petrovietnam Power Corporation – JSC – Petrovietnam Power Hatinh Company (PVP) to perform an extensive rotor repair for the steam turbine generator unit at a 1’200 MW thermal power plant in Vung Ang, Vietnam. Using regional support and state-of-the-art technologies, the restoration provides shortened repair times and operational cost savings. It also secures long-term energy for industry and thousands of homes in Vietnam.

Sulzer has opened a new Service Center in Al Ahmadi, Kuwait, the first-of-its-kind in Kuwait to provide around-the-clock engineering services for all brands of pumps and rotating equipment. The newly opened Service Center supports over 1,500 Sulzer pumps already installed in local plants across Kuwait, while further servicing pumps from other brands. This is the first time an original equipment manufacturer (OEM) offers such comprehensive services in the region.