IN FOCUS

Atlas Copco Group has acquired ACJ, s.r.o., a compressor distributor in Samorin, near Bratislava in western Slovakia.

Celeros Flow Technology (Celeros FT) has finalized the sale of its Filtration business unit to London headquartered private equity firm, PX3 Partners (PX3). Celeros FT entered into a definitive agreement to sell its Filtration business in May and has reached this milestone with the sale effective October 2, 2023. Celeros FT is held by funds managed by affiliates of Apollo.

Effective January 1, 2024, IT will be represented in Atlas Copco’s Group Management. Marcus Hvied, who today is General Manager IT Services and Head of Group IT (Information Technology) is appointed Senior Vice President, Chief Information Officer and becomes a member of the management team.

Hubert Achermann, Vice-Chairman of the Board of Directors of GF and Independent Lead Director is retiring from the Board of Directors on reaching the age limit. The Board of Directors of GF will propose Stefan Räbsamen as a new member to the Annual General Meeting on 17 April 2024.

NETZSCH Pumps USA is considerably expanding its pump manufacturing machines and processes in its Exton, Pennsylvania Facility. This expansion allows NETZSCH to serve customers across the country in a more efficient and cost-effective manner.

Watson-Marlow’s Devens site has been recognized as a Gold Awardee at the MassEcon Economic Impact Awards in Massachusetts, US. The awards recognize industry leaders that have made a positive growth impact in the state. Awardees are commended for contributions in areas such as real estate investments, community involvement, and diversity, equity, and inclusion.

The GEMÜ lettering has barely changed in almost 60 years. While the logo has been developed during this time, the letters have largely remained the same. In October 2023, the Ingelfingen-based technology company will introduce its new company logo.

Watts Water Technologies, Inc. has been named one of America’s Greenest Companies by Newsweek magazine.

Kanishka Arumugam, Co-CEO of EKKI Water Technologies, has been appointed as an Honorary Fellow at the University of Warwick’s Institute for Global Sustainable Development (IGSD).

Xylem Inc. and LORENTZ, the German solar water pump manufacturer, announced they will enter into a distribution agreement to expand the availability of solar-powered pumping systems, globally.