news, people, new vacuum pumps, mergers and acquisition


Helium Recovery Units - The perfect technology for reducing helium costs Helium Recovery Units - The perfect technology for reducing helium costs

Asslar, Germany - Nov. 14, 2013

- Lower operating costs
- Efficient processes that conserve resources
- Operates independently from the leak detection system connected

Helium test gas is an essential part of customized leak detection systems. It is a non-renewable, limited supply commodity with costs increasing yearly due to growing demands for higher quality parts in many industries. In order to design processes that are as efficient and resourceconserving as possible, Pfeiffer Vacuum has developed helium recovery units which make it possible to recover and recycle the gas used in leak detection.    more


Edwards Group Enters into Definitive Agreement to be Acquired by Atlas Copco Group Edwards Group Enters into Definitive Agreement to be Acquired by Atlas Copco Group

Crawley, West Sussex, United Kingdom - Aug. 19, 2013

Edwards Group Limited (Nasdaq:EVAC)a leading developer and manufacturer of sophisticated vacuum products, abatement systems and related value-added services, and Atlas Copco Group (NASDAQ OMX Stockholm: ATCO A, ATCO B) ("Atlas Copco"), the Sweden-based provider of industrial productivity solutions, today announced that the companies have entered into a definitive merger agreement in a transaction valued at up to approximately $1.6 billion, including the assumption of debt.    more


Pfeiffer Vacuum introduces the new Dry Particle Counter ADPC 302 Pfeiffer Vacuum introduces the new Dry Particle Counter ADPC 302

Asslar, Germany - July 3, 2013

- Efficiently monitors particles inside FOUPs and FOSBs in semiconductor production
- Fast and dry method
- Completely automated and integrated into the process

The ADPC 302 by Pfeiffer Vacuum is a unique in-process contamination management system for particle contamination monitoring in the semiconductor industry.    more


Pfeiffer Vacuum presents the new two-stage DuoLine rotary vane pumps Comvac 2013: Pfeiffer Vacuum presents the new two-stage DuoLine rotary vane pumps

COMVAC 2013 - April 8, 2013

The new reliable, two-stage DuoLine rotary vane pumps
- Reliable and energy-efficient operation
- Long service life
- Easy system integration

The compact vacuum pumps are distinguished by a newly developed pump system and optimized cooling:
These changes have a significant impact on the service lives of the pumps. The long maintenance intervals, the energy-efficient motors and the optional oil return lower the operating costs to a very low level.    more


Pfeiffer Vacuum introduces ASM 340 leak detector Comvac 2013: Pfeiffer Vacuum introduces the new ASM 340 leak detector

COMVAC 2013 - April 8, 2013
- Reliable leak detection for quality assurance
- Short cycle time and high throughput
- High performance with easy operation

The new ASM 340 is a high-performance and durable leak detector for reliable quality assurance. The wide scope of application ranges from industrial and analytical applications to research & development all the way to the coating market. The compact leak detector can be used in both serial production as well as for maintenance tasks.    more


Hoffman and Lamson become part of the Gardner Denver Nash division Hoffman and Lamson become part of the Gardner Denver Nash division

March 11, 2013

Gardner Denver has restructured the activities within its Engineered Products Group:
The CF (Multistage Centrifugal Blowers) organization of Gardner Denver, encompassing the Hoffman and Lamson brands, become part of the Gardner Denver Nash division.    more



Gardner Denver agrees to $3.73B sale Gardner Denver agrees to $3.73B sale

March 8, 2013

Gardner Denver Enters Into Definitive Agreement to Be Acquired by KKR
Gardner Denver Shareholders to Receive $76 per Share in Cash
Transaction Valued at Approximately $3.9 Billion    more



Hermetically sealed liquid ring pumps now in Titan and Hastelloy Hermetically sealed liquid ring pumps now in Titan and Hastelloy

Gundelfingen, Germany, March 6, 2013

HERMETIC-Pumpen GmbH supplies liquid ring vacuum pumps and systems in metallic special materials like titan and Hastelloy.   Besides the classic design with mechanical shaft seal, also hermetic drives can be supplied in design as canned motor or magnetic coupling.    more


Pfeiffer Vacuum introduces energy-saving dry pumps A 100 L ES Pfeiffer Vacuum introduces energy-saving dry pumps A 100 L ES

Asslar, Germany - Jan. 23, 2013
- Up to 50% energy savings
- Compact dimensions and high pumping speeds
- Vacuum pump: Ideal for clean processes

The dry pumps A 100 L with their compact dimensions were specially developed for flexible integration in semiconductor production facilities. These dry multi-stage Roots pumps are ideal for clean applications such as load-lock chambers and transfer chambers as well as for all other noncorrosive applications.    more










Helium Recovery Units


Asslar, Germany - Nov. 14, 2013

- Lower operating costs
- Efficient processes that conserve resources
- Operates independently from the leak detection system connected

Helium test gas is an essential part of customized leak detection systems. It is a non-renewable, limited supply commodity with costs increasing yearly due to growing demands for higher quality parts in many industries. In order to design processes that are as efficient and resourceconserving as possible, Pfeiffer Vacuum has developed helium recovery units which make it possible to recover and recycle the gas used in leak detection.
The recovery of used helium is particularly useful for meeting the environmental certification requirements under DIN EN ISO 14001 and for saving resources. The helium recovery units are designed as stand-alone systems and can recover helium test gas regardless of the leak detection system manufacturer. Depending on the process parameters, up to 98 % of the inert gas can be recovered with helium concentrations between 10 % and 95 %. Two possible Pfeiffer Vacuum helium recovery systems are available: The balloon recovery and the tank recovery. In addition, special customized, alternative solutions can be provided upon request. Pfeiffer Vacuum develops and manufactures leak detection systems for any facility requiring high throughput production when a tightness criteria of parts needs to be guaranteed. The company also provides a wide range of leak detectors using helium or hydrogen as tracer gas for a wide variety of applications.

Pfeiffer Vacuum GmbH - www.pfeiffer-vacuum.com - Asslar, Germany



Edwards Group Enters into Definitive Agreement to be Acquired by Atlas Copco Group


Crawley, West Sussex, United Kingdom - Aug. 19, 2013

Edwards Group Limited (Nasdaq:EVAC) ("Edwards") a leading developer and manufacturer of sophisticated vacuum products, abatement systems and related value-added services, and Atlas Copco Group (NASDAQ OMX Stockholm: ATCO A, ATCO B) ("Atlas Copco"), the Sweden-based provider of industrial productivity solutions, today announced that the companies have entered into a definitive merger agreement in a transaction valued at up to approximately $1.6 billion, including the assumption of debt.

Under the terms of the merger agreement, a subsidiary of Atlas Copco will acquire Edwards for a per-share consideration of up to $10.50, which includes a fixed cash payment of $9.25 at closing and an additional payment of up to $1.25 per share post-closing, depending on Edwards' achievement of 2013 revenue within the range of £587.5 million to £650 million and achievement of a related Adjusted EBITDA1 target within the range of £113.9 million to £145 million. The transaction is expected to close in the first quarter of 2014.

Depending on the amount of any additional payment, the merger consideration represents a premium of approximately 11% to 26% to Edwards' 30 day average closing share price of $8.33 up to August 16, 2013, the last trading day prior to this announcement. Edwards priced its initial public offering on The NASDAQ Global Select Market on May 10th 2012 at $8.00 per share.

Edwards' shareholders representing approximately 84% of the current shares outstanding have entered into voting agreements with Atlas Copco to vote in favor of the merger, subject to the conditions set out in the voting agreements. Further, the Board of Directors of Edwards unanimously recommends the offer to all Edwards shareholders.

Edwards and Atlas Copco have a complementary businesses fit. Both companies share a similar strategic direction, with growth focused on technology leadership and customer service. The benefits of greater scale will help accelerate Edwards' growth strategy and provide more opportunities for Edwards' employees. Upon completion of the transaction, a new Vacuum Solutions Division will be formed within the Atlas Copco Compressor Technique business area, with headquarters in Crawley, UK.

Jim Gentilcore, Chief Executive Officer of Edwards, said, "This strategically and financially compelling transaction provides the opportunity for our stockholders to receive an attractive premium for their shares. On top of the cash payment at closing, analyst consensus for the full year and our strong start to the third quarter leads us to believe it is realistic for us to achieve the results that would deliver an additional cash payment towards the upper end of the range to our shareholders."

Gentilcore continued, "This transaction also delivers many benefits for Edwards' customers and employees. The two companies share very similar strategic goals, strong brands and leading market positions. The Edwards brand and reputation will benefit from the support, expertise and financial strength that Atlas Copco will bring."

Ronnie Leten, President and CEO of Atlas Copco, said, "We recognize the strength of Edwards' people and products as well as their excellence in technology and innovation. We are excited that this professional company will join our Group."

The merger, which has been unanimously approved by the Boards of Directors of both companies, is subject to shareholder approval, antitrust clearance, and customary closing conditions.

Barclays and Lazard acted as financial advisors to Edwards on the transaction. Legal advisors to Edwards are Davis Polk & Wardwell London LLP, Weil Gotshal & Manges LLP and Maples & Calder.

Analyst Conference Call

The Company will conduct a conference call today at 8:00 AM Eastern Time to discuss the transaction details. The U.S. dial in number for the call is 877-246-9875 and the non-U.S. dial in number is 707-287-9353. The passcode is 34161991. A live webcast of the conference call will also be available on the investor relations page of the Company's website at www.edwardsvacuum.com.

For those unable to participate in the conference call, a replay will be available for one week following the call. To access the replay, the U.S. dial in number is 855-859-2056 and the non-U.S. dial in number is 404-537-3406. The replay passcode is 34161991. A replay of the call will be available by webcast for an extended period of time at the Company's website, at www.edwardsvacuum.com



Pfeiffer Vacuum introduces the new Dry Particle Counter ADPC 302


Asslar, Germany - July 3, 2013

- Efficiently monitors particles inside FOUPs and FOSBs in semiconductor production
- Fast and dry method
- Completely automated and integrated into the process


The ADPC 302 by Pfeiffer Vacuum is a unique in-process contamination management system for particle contamination monitoring in the semiconductor industry. This innovative product measures the number of particles in wafer transport carriers (Front Opening Unified Pod, FOUP and Front Opening Shipping Box, FOSB). The fully automated patented process localizes and counts particles from the carrier surfaces, including the door.

Submicrometer particles can cause defects that may lead to considerable yield loss. Even the smallest particles measuring 0.1 µm may damage the structure of semiconductor chips. Qualified by leading fabs, this system can be used for both the serial production as well as R&D analysis. The main applications are the carrier characterization, cleaning strategy optimization and cleaning quality check.

The dry process (Dry Particle Counter) of the ADPC shows clear benefits compared to the traditional wet method (Liquid Particle Counter). The main advantage of the dry process is that the particle measurement is completely automated. It is integrated in the production process and therefore does not require time outside the production period. Thanks to the fully automated measurement, the process does not require an additional operator. The test time is only seven minutes, meaning that the ADPC 302 is four times as fast as traditional systems. It is possible to test eight transport carriers in one hour.

The ADPC 302 system for particle contamination monitoring complements the Pfeiffer Vacuum portfolio of contamination solutions for the semiconductor industry featured by the FOUPs molecular contamination analyzer APA 302 and the FOUPs regenerator APR 4300. All three systems comply with the SECS/GEM automation standard.

Pfeiffer Vacuum GmbH - www.pfeiffer-vacuum.com - Asslar, Germany



Pfeiffer Vacuum presents the new two-stage DuoLine rotary vane pumps


ComVac 2013, April 8, 2013

The new reliable, two-stage DuoLine rotary vane pumps
- Reliable and energy-efficient operation
- Long service life
- Easy system integration


Pfeiffer Vacuum presents the new two-stage DuoLine rotary vane pumps. The compact vacuum pumps are distinguished by a newly developed pump system and optimized cooling. These changes have a significant impact on the service lives of the pumps. The long maintenance intervals, the energy-efficient motors and the optional oil return lower the operating costs to a very low level.

The integrated, hydraulically controlled high-vacuum safety valve increases operational reliability. The reduced footprint, lighter weight and placement of the vacuum connections on its top side guarantee the pumps' easy system integration.

The DuoLine pumps are offered with a conventional radial shaft sealing ring or with a magnetic coupling. The innovative drive concept hermetically seals the magnetically coupled rotary vane pumps. The operating costs of the magnetically coupled pump are very low, as it is virtually maintenance-free.

The DuoLine covers numerous applications in the low and medium vacuum range.

Pfeiffer Vacuum GmbH - www.pfeiffer-vacuum.com - Asslar, Germany



Pfeiffer Vacuum introduces the new ASM 340 leak detector


ComVac 2013, April 8, 2013

The new ASM 340 is a high-performance and durable leak detector for reliable quality assurance. The wide scope of application ranges from industrial and analytical applications to research & development all the way to the coating market. The compact leak detector can be used in both serial production as well as for maintenance tasks. It is available in a conventional or an oil-free version.

Both qualitative localization of leaks and quantitative integral or local inspection are possible with the new ASM 340 leak detector. It impresses with its efficient vacuum system, which guarantees that it is ready for operation very quickly. Furthermore, it distinguishes itself with a fast response time due to the high helium pumping speed. These features lead to a short cycle time and high throughput. The ASM 340 is the only leak detector in its class on the market that is capable of locating leaks starting at 100 hPa.

A large selection of interfaces enables easy integration into production lines. The removable manual control element and the optional sniffer probe with LEDs make the work that much easier. Measured data can be recorded and evaluated using an SD card. The wireless remote control enables operation from a distance of up to 100 meters. Thanks to the robust design and the minimal maintenance required, service costs are also reduced.

With its extensive accessories, the ASM 340 can be adapted to specific applications. A special transport cart also enables mobile use of the device. Existing accessories for leak detectors in the ASM and HLT series are also compatible with the new device.

To complement the market introduction of the ASM 340 Pfeiffer Vacuum presents the Leak Detection Compendium. This handbook offers combined leak testing and leak detection expertise.

Pfeiffer Vacuum GmbH - www.pfeiffer-vacuum.com - Asslar, Germany



Hoffman and Lamson become part of the Gardner Denver Nash division


Nuremberg, March 11, 2013

Nash Division extends its portfolio
Gardner Denver has restructured the activities within its Engineered Products Group:
Effective January 01, 2013, the CF (Multistage Centrifugal Blowers) organization of Gardner Denver, encompassing the Hoffman and Lamson brands, become part of the Gardner Denver Nash division.
NASH has over 100 years of experience in manufacturing of liquid ring vacuum pumps and compressors and the CF group is a strong manufacturer of HOFFMAN & LAMSON multistage centrifugal blowers. All three brands have a strong focus on Engineered Vacuum and Compressor Systems. They have a wide product portfolio and customers all over the world.
Vacuum and compressor systems made by Nash and Hoffman & Lamson have reliably operated for decades in the chemical process industry, filter applications, pulp & paper production, electric power plants, refineries, wastewater treatment, general process industries and many more applications.

This new organization will realize significant synergies within the Nash division, especially in the engineering and supply of vacuum and compressor systems. Combined sales channels and know-how will enable us to provide better communication and further improve all processes with our partners and customers.
For business partners in EMEA, this means that the Nash sales organization will be the contact partner for all issues regarding CF Blowers. All CF inquires will continue to be handled by the experienced technical sales support team of Hoffman & Lamson.
Both Lamson (founded in 1880) and Hoffman (founded in 1905) have strong roots in the USA and a strong market position in many wastewater treatment applications. After being acquired by Gardner Denver (Lamson in 1996 and Hoffman in 2001), the two brands were merged, further improving their market position.

Nash originated from nash_elmo which was acquired by Gardner Denver in 2004. The company is the inventor of the liquid ring pump, with patent certificates issued in Germany and the USA in 1903 and 1905 respectively.

www.gardnerdenver.com



Hermetically sealed liquid ring pumps now in Titan and Hastelloy


Gundelfingen, Germany, March 6, 2013

The liquid ring vacuum pump is one of the workhorses in the chemical and petrochemical industry. The construction provides a nearly isothermal compression at comparatively low temperatures. Polymerisation and other undesirable reactions (thermal cracking, cakings) are largely avoided under these conditions. The ring consisting of liquid is used as tightening element desensitising the system against liquid hammers and drops in the gas flow handled, as they often are produced during extraction of inerts from condensers. The construction without touching and wearing parts makes our customers feel confident of reliable availability. A hermetically sealed design with magnetic coupling or canned motor does not only increase availability – since regular change of mechanical shaft seal is no more necessary – but also meets customers requirements in case of toxic gases and pumping liquids demanding “TA-Luft”.

In some applications of process industry, stainless steel as normally used for such pumps does not come up to the demands regarding long-life cycle and corrosion resistance of vacuum pumps and systems.

HERMETIC-Pumpen GmbH therefore supplies liquid ring vacuum pumps as well as the relevant systems and package units also in metallic special materials like titan and Hastelloy. The vacuum pumps are available with a suction capacity from 50 m³/h to 3000 m³/h. Besides the classic design with mechanical shaft seal, also hermetic drives can be supplied in design as canned motor or magnetic coupling.

HERMETIC-Pumpen GmbH - www.hermetic-pumpen.com - Gewerbestr. 51, 79194 Gundelfingen, Germany
email: huelse.martin@hermetic-pumpen.com, Tel. +49 (0)761 5830-0



Gardner Denver Enters Into Definitive Agreement to Be Acquired by KKR


WAYNE, PA and NEW YORK, NY - March 8, 2013

Gardner Denver Enters Into Definitive Agreement to Be Acquired by KKR
Gardner Denver Shareholders to Receive $76 per Share in Cash
Transaction Valued at Approximately $3.9 Billion


Gardner Denver, Inc. (NYSE: GDI) and Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, KKR) today announced that the companies have entered into a definitive merger agreement in a transaction valued at approximately $3.9 billion, including the assumption of debt.

Under the terms of the merger agreement, KKR will acquire all of the outstanding shares of Gardner Denver common stock for $76 per share in cash. This price represents a premium of approximately 39 percent to Gardner Denver's share price on October 24, 2012, the day before the Company confirmed that it had begun to explore strategic alternatives. The merger is subject to approval from Gardner Denver's shareholders, regulatory approvals and other customary closing conditions. The Board of Directors of Gardner Denver unanimously approved the merger agreement and recommends that Gardner Denver shareholders vote in favor of the transaction. The transaction is currently expected to close in the third quarter of 2013.

"After a thorough review of strategic alternatives to enhance shareholder value, we are pleased to provide our shareholders with immediate and substantial cash value representing a significant premium to our unaffected share price," said Michael M. Larsen, Gardner Denver's President and Chief Executive Officer. "In addition to the significant value to our shareholders, Gardner Denver will benefit from KKR's track record of execution as the Company continues to pursue its strategy focused on driving organic growth, particularly in underserved markets, and building new revenue streams in the aftermarket and through the introduction of innovative customer-centric solutions across its businesses. We anticipate this transaction will create opportunities to accelerate the operating initiatives already underway and we are confident that it will also be beneficial for our employees, customers and all other stakeholders.

"Our success and this positive development is a testament to our dedicated employees who will continue to build on the momentum that our team has worked so hard to create," continued Mr. Larsen. "As we position Gardner Denver to enter its next phase of growth and success, we look forward to working closely with KKR to seamlessly close this transaction."

Pete Stavros, Member of KKR and head of the firm's Industrials investment team, said, "Gardner Denver is an outstanding business with a rich heritage of manufacturing excellence, innovation and quality that spans well over 100 years. The Company has an impressive group of talented and dedicated employees, and we look forward to working closely with them to drive future growth and value. The long-term future of Gardner Denver is bright."

The transaction is being made through KKR's investment funds.

Goldman, Sachs & Co. is serving as financial advisor to Gardner Denver and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal advisor. UBS Securities LLC and Simmons & Company International are serving as financial advisors to KKR and Simpson Thacher & Bartlett LLP is serving as legal advisor. Fully committed debt financing will be provided by UBS Securities LLC, Barclays, Citigroup, Deutsche Bank Securities Inc., RBC Capital Markets, Mizuho Corporate Bank, Ltd., and KKR Capital Markets, an affiliate of KKR, in the form of senior secured credit facilities. Deutsche Bank Securities Inc., Citigroup, Barclays, UBS Securities LLC, RBC Capital Markets, Mizuho Corporate Bank, Ltd., and KKR Capital Markets also arranged debt financing in the form of a senior unsecured bridge facility.

About Gardner Denver
Gardner Denver, Inc., with 2012 revenues of approximately $2.4 billion, is a leading worldwide manufacturer of highly engineered products, including compressors, liquid ring pumps and blowers for various industrial, medical, environmental, transportation and process applications, pumps used in the petroleum and industrial market segments and other fluid transfer equipment, such as loading arms and dry break couplers, serving chemical, petroleum and food industries. Gardner Denver's news releases are available by visiting the Investors section on the Company's website (www.GardnerDenver.com).

About KKR
Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with $75.5 billion in assets under management as of December 31, 2012. With offices around the world, KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR seeks to create value by bringing operational expertise to its portfolio companies and through active oversight and monitoring of its investments. KKR complements its investment expertise and strengthens interactions with fund investors through its client relationships and capital markets platform. KKR & Co. L.P. is publicly traded on the New York Stock Exchange (NYSE: KKR), and "KKR," as used in this release, includes its subsidiaries, their managed investment funds and accounts, and/or their affiliated investment vehicles, as appropriate.

Contacts:

Gardner Denver:
Vikram U. Kini, VP, Investor Relations, +1 (610) 249-2009
Matthew Sherman, Jennifer Beugelmans or Joseph Sala, Joele Frank, Wilkinson, Brimmer, Katcher, +1 (212) 355-4449

KKR: Kristi Huller, Tel. +1 (212) 230-9722


www.gardnerdenver.com



Pfeiffer Vacuum introduces energy-saving dry pumps A 100 L ES


Asslar, Germany - Jan. 23, 2013

The dry pumps A 100 L with their compact dimensions were specially developed for flexible integration in semiconductor production facilities. These dry multi-stage Roots pumps are ideal for clean applications such as load-lock chambers and transfer chambers as well as for all other noncorrosive applications.

Despite their compact dimensions these pumps provide high pumping speeds and short pump down times. Today, the A 100 L pumps are installed worldwide in all leading semiconductor fabs. These pumps are suitable for operation in cleanrooms.

The further development, the A 100 L ES, cuts energy consumption by up to 50% (ES = Energy Saving). Its pumping speed is significantly higher in the low pressure range. Additional benefits include a lower final pressure and reduced noise level.

The innovative and fully integrated ES module reduces energy use to a minimum in the low pressure range. This significantly reduces operating costs. To illustrate the point: annual savings per pump total up to 7,900 kWh. This corresponds to 3.9 tons of CO2.

At a typical 300 mm semiconductor fab level equipped with 1,300 load-lock pumps, the energy saving adds up to 10 GWh, or about 360 k€ or 5,100 tons of CO2 per year.

In addition to energy savings, the final pressure of the A 100 L ES is reduced to 7x10-4 mbar (hPa). This opens up new potential applications requiring an enhanced pumping capacity combined with low pressure. The noise level is also reduced from 58 dB (A) to 55 dB (A). The A 100 L ES rounds off the energy-saving product family of medium duty process pumps in the A3P series and the harsh duty process pumps in the A3H series.

Pfeiffer Vacuum GmbH - www.pfeiffer-vacuum.com - Asslar, Germany







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