CERTINA Holding, whose Flow Control division also includes PRUSS Industriearmaturen, has successfully completed the takeover of Pibiviesse S.r.l. from CIRCOR International Inc. in a corporate carve-out. Purchase price including earn-out: around 20 million euros.
Economy & Enterprise
Thermardor International is changing its name. The new name is primarily intended to express the company’s commitment to its customers. Since 2006, the company has been marketing Thermador Groupe products on the international market, which led to its original name. Twelve years later, the dealer developed his own identity and underlined this with a new name and a new company claim.
SAMSON AKTIENGESELLSCHAFT, a leading international manufacturer of control valves for process automation, has acquired the Israeli start-up Visual Process Ltd. and with the start of ACHEMA, SAMSON will offer its customers the technologically leading predictive monitoring and diagnostic tool SAM GUARD based on Precognize. The transaction value remains confidential.
The VAG-Group has extended its product range of resilient-seated knife gate valves by nominal diameters of up to
DN1400. As a result, the VAG ZETA® Knife Gate Valve is now available in all common nominal diameters from DN50 to DN1400.
With effect from June 1, 2018, BORSIG, Berlin has taken over the product business of artec Armaturen und Industrieservice GmbH (artec AIS for short) based in Leegebruch. Ball valves and steam coolers will immediately complement the valves business of the BORSIG Group, which has been in existence since 1960.
As of 1 January 2019, Dr. Thorsten Pötter will assume the position of Chief Digital Officer at SAMSON AKTIENGESELLSCHAFT
in Frankfurt, Germany. He will be responsible for IT operations and continuing the expansion of the digital infrastructure along the company‘s entire value chain.
Changing of the guard at the head of the German AUMA sales organisation: Heinz Lauinger, who has worked as Head of Sales since 1995, retired in June 2018.
After 35 years, Matthias Dinse resigns from active management, Dr Jörg Hoffmann takes the chair of Management Board. Ferdinand Dirnhofer succeeds as Chief Sales Officer.
Richter Chemie‐Technik GmbH, a global market leader of fluoropolymer lined pump and valve solutions proudly announces Barbara Wladarz as Managing Director.
From January 17 in 2018, KSB AG will trade under the style of KSB SE & Co. KGaA. The change of its legal form follows a resolution adopted at the Annual General Meeting in mid-2017. It is designed to maintain the pump and valve manufacturer’s stable ownership structure while at the same time opening up new strategic options for the company’s development.
From the 1st of January 2018, the brothers Werner, Christian and Martin Hartmann will be taking over the executive management of the family company Hartmann Valves GmbH as the third generation.
On September 25, 2017, Thermador Groupe acquired the French company FGinox. With a reported turnover of €14.6m in 2016, FGinox sells a wide range of fittings, industrial valves, flanges and fasteners in stainless steel that will reinforce Thermador group’s industrial portfolio.