Sulzer Pumps acquires Centriflo

06.06.2002

Sulzer Pumps acquires selected assets from US service and repair company Centriflo Pump and Machine Co., Odessa, Texas, USA. With 32 employees, Centriflo’s sales currently total about USD 3.5 million (CHF 5.6 million).

Centriflo is located in West Texas with customers in the oil and gas, hydrocarbon processing and power segments. Centriflo provides services including repairs, machining of spare parts, reconditioning and commissioning of centrifugal pumps and other rotating equipment.

Thomas Gutzwiller, President of the Sulzer Pumps Division: “This acquisition fits the strategy of expanding our service business. The operations will strengthen our services in the USA and will be integrated into the Customer Support Services organization.”

Sulzer Pumps (www.sulzerpumps.com), the largest of Sulzer’s divisions, is a global leader in the development and supply of centrifugal pumps. It provides comprehensive and globally available pumping solutions to selected industries, mainly oil and gas, hydrocarbon processing, pulp and paper, and power plants. The Pump division is also a provider of technical support for all types of pumps and other rotating equipment. In 2001, with about 4800 employees, the company had a turnover of some CHF 950 million.

The Sulzer Corporation is comprised of the four core divisions Sulzer Metco (coating technolo­gies and services), Sulzer Turbomachinery Services, Sulzer Pumps (including services), Sulzer Chemtech (process components and services) and the venture division Sulzer Hexis (fuel cell sys­tems). Sales by the core divisions in 2001 totaled CHF 1875 million (in 2000: CHF 1603 million). The realigned Sulzer Corporation now employs about 10 000 people worldwide.

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