IN FOCUS

Celeros Flow Technology announced that it has entered into a definitive agreement to sell its Filtration business unit to London headquartered private equity firm, Px3 Partners. Celeros FT is held by funds affiliated with Apollo Global Management, Inc.

Atlas Copco has acquired C.P. Service SRL, a compressor distributor and service provider located in Naples in the south of Italy.

Atlas Copco has acquired the assets of James E. Watson & Co. The company is a distributor of vacuum equipment and service solutions.

ABB announced it has completed its acquisition of the Siemens low voltage NEMA motor business. The transaction was originally announced August 11, 2022, and financial terms of the transaction were not disclosed. The business employs around 600 people and generated revenues of approximately $63 million in 2021.

Atlas Copco has agreed to acquire National Pump & Energy. The business provides dewatering, environmental services and water treatment solutions in Australia and New Zealand. The company has 420 employees and in 2022 had revenues of approximately 205 MAUD.

On 20th of April 2023, Krones has signed an agreement to acquire 90% of Ampco Pumps Company LLC (Ampco Pumps). Based in Wisconsin, USA, Ampco Pumps is supplying sanitary pumps and applied products like mixing and blending equipment to the food, beverage, dairy processing, personal care and pharmaceuticals markets.

With its third company acquisition in just over two years, marine pump specialist Svanehøj continues to expand its service solution business. This time by taking over California-based Complete Cryogenic Services, a specialist in service and overhaul of submerged pumps on LNG tankers.

Atlas Copco has acquired the compressed air business of Asven S.R.L. The company is located in Rosario, in the Santa Fe province. The acquired business has 10 employees and specializes in sales, installation and service of compressed air systems.

Alfa Laval announces the completion of its acquisition of Marine Performance Systems B.V., a Rotterdam-based maritime technology company that has developed the first fluidic air lubrication system on the market.

Atlas Copco has agreed to acquire Trillium US Inc. The company provides vacuum pump services to semiconductor and general vacuum customers. It also has a small manufacturing business focused on piston and cryogenic pumps.