IN FOCUS

Mr. Tero Kokko, Ph.D., M.Sc., has been appointed President, EMEA at Valmet as of June 1, 2023. In his new position, Tero Kokko is a member of Valmet’s Executive Team and reports to President and CEO Pasi Laine. Tero Kokko currently works in Valmet’s Services business line as Vice President, Fabrics business unit, where he started in 2020.

Professor Dieter Kempf was confirmed by a large majority at Annual General Meeting of GEA Group Aktiengesellschaft – the first to be held virtually after the lifting of COVID restrictions, while still ensuring all shareholder rights.

Pentair plc announced first quarter 2023 sales of $1.0 billion. Sales were up 3 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 3 percent in the first quarter.

Mats Rahmström, President and CEO of the Atlas Copco Group, comments on the report for Q1:

he Wilo Group has had a successful financial year in 2022. The multinational technology group generated a new record turnover of around 1.9 billion euros in the year marking its 150th anniversary. Wilo thus increased its sales revenues by 14.2 percent. The company’s earnings before tax (EBITDA) rose by 8.6 percent to 196.7 million euros.

A Memorandum of Understanding has been agreed between Egypt and the UK’s leading water sector trade association to establish a framework for bilateral cooperation on water projects for 27 governorates and the new cities across Egypt.

Armstrong Fluid Technology has announced that John Doughty has joined the company as Director, Global Sales Enablement.

Pentair released its 2022 Corporate Responsibility Report, reporting on the Company’s efforts toward Making Better Essential through its products and solutions, for people and the planet.

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.

Established in 1945, the British Pump Manufacturers Association (BPMA), which represents the business interests of UK and Irish suppliers of liquid pumps and pump related equipment has enjoyed further membership growth in recent weeks, with four new members joining the Association.