IN FOCUS

Jukka Koskela, the new CEO of Flowrox Oy started his work on 15th May 2015. Mr. Koskela came to Flowrox from Outotec, where he had responsibilities as the Vice President of Global Product Management. His main task was to turn well known project oriented house into a customer oriented product house with a competitive product and service offering.

Industrial valve sales will be $68.4 billion in 2015 according to the latest forecasts in N028 Industrial Valves: World Market published by the McIlvaine Company.

Pump suppliers will experience rising sales resulting in just under $59 billion in revenue by 2019. This is the conclusion reached by the McIlvaine Company in Pumps World Market.

Yaskawa Europe GmbH has restructured its management board. Manfred Stern, who was in charge of the Yaskawa Group’s European business operations until April as Chief Operations Officer (COO) & President, has been appointed to the position of Chief Executive Officer (CEO).

Colfax Corporation announced that it has entered into a binding agreement to acquire the Roots blowers and compressors business unit, also known as Industrial Air & Gas Technologies, from GE Oil & Gas for a cash consideration of $185 million.

The pharmaceutical industry demands for UPW for injection (WFI) and UPW for cleaning process equipment and other uses will result in purchases close to $550 million in 2019 up from $480 million in 2015. This is the latest forecast in the continually updated Ultrapure Water: World Markets published by the McIlvaine Company.

The Danaher acquisition of Pall, the acquisition of Howden by Colfax, and the Nalco acquisition by Ecolab are all product expansions in the air/gas/water/fluid treatment and control market. This was a $323 billion market in 2012 and is now well above $350 billion. This market is continually analyzed in McIlvaine’s Air/Gas/Water/Fluid Treatment and Control: World Market. Despite the acquisitions none of the companies commands a significant share of the total market.

Franklin Electric Co., Inc. announces that the Board of Directors appointed Julie Scheck Freigang Vice President, Global Information Systems on May 8, 2015.

The Endress+Hauser Group aims for the complete takeover of German company Analytik Jena. The Group is also interested in buying shares.

Gardner announced the closing of its acquisition of TriContinent Scientific.