news, people, new vacuum pumps, mergers and acquisition
KKR prepares IPO of Gardner Denver
Feb. 28, 2017
According a report by Greg Roumeliotis in New York, edited by Matthew Lewis and published on the Reuters site on Feb. 24,
the buyout firm KKR & Co LP (KKR.N) is preparing an initial public offering (IPO) of Gardner Denver Inc that could
value the U.S. industrial machinery maker at between $6 billion and $7 billion including debt, according to people familiar with the matter.
An IPO could then come later this year, the people added.
renaissancecapital.com reported that on Feb. 28, 2017 Gardner Denver filed with the U.S. Securities and Exchange Commission (SEC)
to raise up to $100 million in an initial public offering.
Pfeiffer Vacuum reports on successful year 2016 and rejects bid from Busch group
Pfeiffer vacuum published on Feb.15, 2017
- Sales amount to € 474.2 million // EBIT at € 68.0 million
- Two acquisitions: Dreebit GmbH based in Dresden, Germany for Service
and ATC Inc. in Indianapolis, USA for the leak detection
- Offer of the Busch Group not attractive
Manfred Bender, CEO of Pfeiffer Vacuum Technology AG, commented: "Strong incoming orders at the end of the year transformed 2016 into a very good year.
We are also highly satisfied with the start of the 2017 fiscal year. We expect the positive trend of the past months to continue at least for the first six months of 2017."
Sulzer Completes Acquisition of Ensival Moret
Winterthur, Switzerland - February 1, 2017
Sulzer announces that it has completed the acquisition of Ensival Moret (EM), a part of Moret Industries. Sulzer will immediately start to integrate EM
in its Pumps Equipment division. Combining the complementary product portfolios enables Sulzer to become a full line supplier in most industrial process applications.
Busch group to launch voluntary public tender offer for Pfeiffer Vacuum Technology AG
Maulburg - January 24, 2017
Maulburg, January 24, 2017. Busch SE today announced its intention to make a voluntary public tender offer for all outstanding shares of TecDAX-listed Pfeiffer Vacuum Technologies AG (ISIN: DE0006916604)
via its wholly owned subsidiary, the investment company Pangea GmbH. The offer price will be €96.20 per share. The all-cash offer values Pfeiffer Vacuum at approximately €949 million
based on equity value. Holders of Pfeiffer Vacuum shares will receive a premium of about 12 percent on the volume-weighted three-month average price of Pfeiffer Vacuum’s shares prior
to the announcement. There will be no minimum acceptance threshold.
Trinos Vakuum-Systeme GmbH is now Pfeiffer Vacuum Components & Solutions GmbH
Asslar, January 16, 2017
As of January 1, 2017, Trinos Vakuum-Systeme GmbH has a new name: Pfeiffer Vacuum Components & Solutions GmbH.
The company based in Goettingen employs some 160 people and has been part of the Pfeiffer Vacuum Group since January 2010.
The name Pfeiffer Vacuum has stood for highquality vacuum technology, a comprehensive range of products and first-class service for more than 125 years.
With its close customer collaboration and consistent focus on customer needs, Pfeiffer Vacuum is constantly optimizing and expanding its portfolio.
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