news, people, new vacuum pumps, mergers and acquisition
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Atlas Copco to acquire U.S. vacuum parts and service provider
Stockholm, Sweden - December 21, 2015 Atlas Copco has agreed to acquire the assets of Capital Research Equipment Inc., a U.S. parts and service provider for vacuum pumps. Capital Research Equipment, commonly known as Capitol Vacuum Parts, is based in Chantilly, Virginia, USA. The company, which has 15 employees, sells spare parts globally for vacuum pumps and related equipment, while also providing repair and service in the U.S. It had revenues in 2014 of about MUSD 3.1 (MSEK 22). “This acquisition will strengthen our global vacuum presence by providing more customers with outstanding parts and service,” saidNico Delvaux, President of Atlas Copco’s Compressor Technique business area. The acquisition is expected to be completed in January 2016. The acquired business will become part of Edwards Vacuum, LLC within the Vacuum Solutions division in Atlas Copco's Compressor Technique business area. The parties have agreed not to disclose the purchase price. more |
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Altor Fund II (Altor) has signed an agreement to divest Piab to EQT Fund VII (EQT)
Stockholm, Sweden - December 15, 2015 Altor acquired Piab together with Peter and Jacob Tell from several other members of the Tell family nearly ten years ago.Peter and Jacob Tell will remain as owners together with EQT after the transaction. more |
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Atlas Copco acquires Innovative Vacuum Solutions Inc.
Stockholm, Sweden - December 4, 2015 Atlas Copco has acquired U.S. vacuum pump service provider Innovative Vacuum Solutions Inc. Innovative Vacuum Solutions is based in Tampa, Florida, and has 19 employees. The company, which was privately owned, specializes in the repair and maintenance of industrial and high vacuum pumps and related equipment, mainly on the U.S. East Coast. Innovative Vacuum Solutions had revenues in 2014 of about MUSD 4.2 (MSEK 32). more |
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Trillium pleased to announce the acquisition of Austin Scientific
November 24, 2015 Trillium is pleased to announce the acquisition of the Oxford Instruments – Austin (OI-Austin) division, formerly known as Austin Scientific, effective November 23rd, 2015. OI-Austin brings a wealth of cryogenic capability, knowledge and products to the Trillium family including expert cryo pump, cold head and compressor service, a range of new cryo pumps, cryogenic water pumps and helium compressors, as well as a full line of related spare parts and accessories. more |
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Oxford Instruments plc Disposal of Austin Scientific
November 24, 2015 Oxford Instruments plc, a leading provider of high technology tools and systems for industry and research, today announces that it has completed the disposal of its non-core Austin business for a cash consideration of $1.3 million. more |
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Oerlikon signed an agreement to sell its Vacuum Segment to Atlas Copco
Pfäffikon SZ, Switzerland - November 20, 2015 Oerlikon today announced that it has signed an agreement to sell its Leybold Vacuum business to Atlas Copco. The transaction is based on an enterprise value of CHF 525 million and is expected to close by middle of the year 2016. more |
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Pfeiffer Vacuum and GSI Helmholtz Center for Heavy Ion Research present joint doctoral candidate award
Asslar, Germany - Nov. 11, 2015 - Award for doctoral research on high-precision measurement of magnetic moment of proton - Vacuum indispensable for scientific investigations For the second time, Pfeiffer Vacuum and GSI Helmholtzzentrum für Schwerionenforschung (GSI Helmholtz Center for Heavy Ion Research) have jointly presented a doctoral candidate award. The recipient is Dr. Andreas Mooser who received the award for his dissertation on the high-precision measurement of the magnetic moment of a proton. more |
100% Robusta - Thyracont new Pirani sensor with platinum rhodium helix
Passau, Germany - Nov. 5, 2015 The Pirani sensor in the VCP has a platinum rhodium filament. The new sensor is thus not only suitable for corrosive gas applications in a range of 100 to 5e-4 hPa. The relatively smooth surface of this material reduces deposits of oil vapors or other contaminations and therefore ensures a particularly high durability of the filament which has been verified in field tests with especially critical applications. The sensor can even withstand steam pressure sterilizations. more |
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will Busch influence Pfeiffer Vacuum strategy?
Nov. 5, 2015 In September / October the German vacuum pump maker Busch has been building a stake in Pfeiffer, which stood at 27.2 percent in late September and previosly had said its investment was financial and not strategic On Nov. 5, 2015 Pangea GmbH, Maulburg, Germany - the Busch Holding, has notified the following modifications of its objectives 1. The investment of the notifying party ist o be regarded as a longterm investment in order to implement strategic targets. 2. Subject to market environment, share price, and business development, the notifying party intends to obtain further voting rights within the next twelve months by purchase or other means. 3. The notifying party is pursuing influence on the composition of the Supervisory Board. The notifying party is still not pursuing influence on the composition of the Management Board. more |
Total pressure measurement equipment from Pfeiffer Vacuum expands to include a new addition
Asslar, Germany - Oct. 15, 2015 Many vacuum applications only operate in a certain pressure range. In order to operate vacuum systems with high precision, the total pressure must be measured reliably. For this purpose, Pfeiffer Vacuum offers a range of different measurement equipment series with a digital or analog signal output, which is now being expanded with the addition of the CenterLine series.. more - From ultra-high vacuum to the overpressure range - Analog and digital complete range |
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Busch increases stake in Pfeiffer Vacuum to 27.19 percent
Maulburg, Germany, - Oct. 15, 2015 Busch-Holding GmbH has increased its stake in the TecDAX-listed Pfeiffer Vacuum Technology AG via its investment company Pangea GmbH to 27.19 percent of the voting rights. more |
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Busch buys 15 pct stake in Pfeiffer Vacuum
Maulburg, Germany, - Sept. 28, 2015 - Busch-Holding GmbH has announced pursuant to the German Securities Trading Act (WpHG) that it has acquired 15.0 percent of the voting rights in Pfeiffer Vacuum Technology AG via its investment company Pangea GmbH. more |
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Atlas Copco opens vacuum solutions plant in China
Stockholm, Sweden - Sept. 22, 2015 Atlas Copco, a leading provider of sustainable productivity solutions, today formally inaugurates a manufacturing facility for Edwards vacuum and abatement solutions in Qingdao, China. Edwards, the vacuum solutions business that became part of the Atlas Copco Group in 2014, uses the Qingdao facility as its global base for the manufacture of rotary-vane and liquid-ring vacuum pumps. more |
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Speculations regarding Oerlikon Leybold Vacuum
Pfäffikon SZ, Switzerland - July 14, 2015 Oerlikon has taken note of speculations regarding a potential transaction related to Oerlikon Leybold Vacuum. The company is examining strategic options regarding its Vacuum Segment. It is, however, too early to make any statement regarding specific directions or decisions. more |
HiPace 30 – the smallest high-performance turbopump on the market
Hannover Messe, Germany - April 14, 2015 Pfeiffer Vacuum introduces the new and powerful HiPace 30 turbopump: - Highest compression in its pumping speed class - Simple integration into small analytical systems - Low weight – ideal for mobile applications more |
Danny Sanders has joined Tuthill Vacuum & Blower Systems as director of international sales.
Springfield, MO 65803, USA - April, 2015 Danny Sanders has joined Tuthill Vacuum & Blower Systems as director of international sales. Tuthill Vacuum & Blower Systems designs and manufactures high-performance positive displacement blowers, mechanical vacuum pumps, vacuum boosters, and engineered systems. more |
Agilent Technologies introduces TwisTorr 84 FS turbomolecular pump
Santa Clara, CA - USA, March 31, 2015 Agilent Technologies Inc. extended its line of vacuum products with the compact new TwisTorr 84 FS turbomolecular pump. Innovations in the TwisTorr 84 FS will extend performance, reliability and energy-efficiency benefits to demanding academic and industrial applications. more |
Pfeiffer Vacuum, Financial Press Conference and Analyst Conference
Asslar, Germany – March 26, 2015 Pfeiffer Vacuum announces results for FY 2014 - Total sales of € 406,6 million - EBIT margin at 11,0 percent - Dividend proposal of 2.65 euros Financial Press Conference and Analyst Conference, Key figures at a glance... more |
Changes in the Board of Directors of Oerlikon
Pfäffikon SZ, Switzerland – March 2, 2015 The Chairman of the Board of Directors of OC Oerlikon Corporation AG, Tim Summers, has informed the Board that he will not stand for re-election at the upcoming Annual General Meeting of Shareholders. more |
The Kurt J. Lesker Company® introduce their very own line of vacuum pumps.
Hastings, UK - Feb. 2, 2015 KJLC-RV series are two-stage oil sealed rotary vane vacuum pumps, offering exceptional ultimate pressure, high pumping speed, low noise / vibration levels and excellent vapour handling capabilities. Our KJLC-RV series of pumps are offered in four models with pumping speed ranges from 5 to 32 m3/h. more |
Pfeiffer Vacuum presents its vacuum solutions as a new online experience
Asslar, Germany - January 5, 2015 Pfeiffer Vacuum presents its vacuum solutions as a new online experience - Discover and experience Pfeiffer Vacuum¡¦s extensive range of vacuum products - Focus placed on practical vacuum examples and applications - Films and 3D animations enhance the existing web experience more |
Altor Fund II (Altor) has signed an agreement to divest Piab to EQT Fund VII (EQT).
Stockholm, Sweden, Dec. 15, 2015
Altor acquired Piab together with Peter and Jacob Tell from several other members of the Tell family nearly ten years ago.Peter and Jacob Tell will remain as owners together with EQT after the transaction.
Piab has been a successful company within automation and material handling for decades, which has been based on a Swedish break-through invention. Peter Tell invented the high technology vacuum ejector in 1971. The vacuum ejector is used together with Piab’s suction cups and conveyors across the world to move material in automation applications in a wide variety of industries. Peter’s inventions have created a growing global niche within automation and are essential in robotics and machinery for food, pharmaceuticals, automobiles and many other products. Piab is today the clear technology leader within vacuum automation.
- Piab has greatly benefited from being owned by Altor. We have had an amazing development together, says Peter Tell, founder of Piab and Member of the Board. It is a great joy to see the company you have founded advance to a new level and both Altor and I are convinced that Piab will continue to grow for many years to come. I am pleased to see EQT taking over the baton and look forward to an exciting journey.
Altor acquired the company in 2006 and since then Piab has almost doubled its turnover and more than quadrupled its operating earnings. The transformation has been accomplished in close cooperation between Altor and the founders. The company has moved from a federation of entrepreneur-led businesses to a global group. A world-class IT-enabled supply chain has been built, a broad and wide modularized product assortment with several new strong innovations has been developed and a coordinated global sales strategy has been implemented. Piab is today a global company ready for a next step.
- It has been a privilege to earn the trust from Peter and Jacob to help develop Piab for almost ten years. I have greatly appreciated the cooperation with them and the truly excellent management team that we have built, says Bengt Maunsbach, Member of the Board of Piab and Partner at Altor Equity Partners, investment advisor to Altor. We have received strong interest in Piab from leading companies from Europe, US and Asia. I am glad to see EQT as the next majority owner of Piab and believe they will be able to take the company to yet another level.
- I have enjoyed working with Altor and the founders, accelerating Piab’s organic growth since I joined in 2013, says Anders Lindqvist, CEO of Piab. After 10 years of successful development with Altor it is now inevitable for them to divest and at the same time Piab is again ready for a new phase. I believe that EQT is ideally positioned to support us with that and look forward to many years of fruitful cooperation.
- Having followed Piab over the past years, we are impressed by the Company’s ability to continuously innovate and develop new high quality products, in addition to the well-managed operational model developed during Altor’s ownership. We believe Piab is well positioned to further accelerate growth and are very excited to partner with the management team and Tell family to further develop the Company, says Harry Klagsbrun, Partner at EQT Partners, investment advisor to EQT VII.
The transaction is subject to customary regulatory requirements and approvals. Altor has been advised by Citigroup Global Markets, SEB Corporate Finance, Mannheimer Swartling and EY.
About Altor
Since inception, the family of Altor funds has raised some EUR 5.8 billion in total commitments. The funds have invested in excess of EUR 3.4 billion in more than 40 companies.
The investments have primarily been made in medium sized Nordic companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Carnegie, Q-matic, EWOS, Ålö, Dustin and Norican.
About Piab
Established in 1951, Piab designs innovative vacuum solutions that improve the energy-efficiency, productivity, and working environments of vacuum users around the world.
As a reliable partner to many of the world’s largest manufacturers, Piab develops and manufactures a complete line of vacuum pumps, vacuum accessories, vacuum conveyors and suction cups for a variety of automated material handling and factory automation processes. Piab utilizes COAX® in many of its original products and solutions. COAX® cartridges are smaller, more energy efficient and more reliable than conventional ejectors, and can be integrated directly into machinery. This allows for the design of a flexible, modular vacuum system. Piab is a worldwide organization with subsidiaries and distributors in almost 70 countries.
For more information please contact:
Tor Krusell, Head of Communications Altor Equity Partners +46 70 543 87 47
Bengt Maunsbach, Partner Altor Equity Partners and Member of the Board Piab +46 8 678 91 00
Anders Lindqvist, CEO Piab +46 8 630 25 00
www.piab.com
Atlas Copco to acquire Capitol Vacuum Parts
Stockholm, Sweden - December 21, 2015
Atlas Copco has agreed to acquire the assets of Capital Research Equipment Inc., a U.S. parts and service provider for vacuum pumps.
Capital Research Equipment, commonly known as Capitol Vacuum Parts, is based in Chantilly, Virginia, USA. The company, which has 15 employees, sells spare parts globally for vacuum pumps and related equipment, while also providing repair and service in the U.S. It had revenues in 2014 of about MUSD 3.1 (MSEK 22).
“This acquisition will strengthen our global vacuum presence by providing more customers with outstanding parts and service,” saidNico Delvaux, President of Atlas Copco’s Compressor Technique business area.
The acquisition is expected to be completed in January 2016. The acquired business will become part of Edwards Vacuum, LLC within the Vacuum Solutions division in Atlas Copco's Compressor Technique business area. The parties have agreed not to disclose the purchase price.
For further information please contact:
Atlas Copco AB - www.atlascopco.com
- Sickla industriväg 19, 131 54 Nacka, Sweden
Nico Delvaux, Business Area President, Compressor Technique, Tel. +32 3 401 9551
Ola Kinnander, Media Relations Manager, Tel. +46 8 743 8060
Atlas Copco acquires Innovative Vacuum Solutions Inc.
Stockholm, Sweden - December 4, 2015
Atlas Copco has acquired U.S. vacuum pump service provider Innovative Vacuum Solutions Inc.
Innovative Vacuum Solutions is based in Tampa, Florida, and has 19 employees. The company, which was privately owned, specializes in the repair and maintenance of industrial and high vacuum pumps and related equipment, mainly on the U.S. East Coast. Innovative Vacuum Solutions had revenues in 2014 of about MUSD 4.2 (MSEK 32).
“This acquisition fits well into our strategy of increasing our presence in the U.S. vacuum market by providing high-quality service for our customers,” said Nico Delvaux, President of Atlas Copco’s Compressor Technique business area.
The acquired company becomes part of Edwards Vacuum, LLC within the Vacuum Solutions division in Atlas Copco’s Compressor Technique business area. The parties have agreed not to disclose the purchase price.
Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2014, Atlas Copco had revenues of BSEK 94 (BEUR 10.3) and more than 44 000 employees.
Atlas Copco’s Compressor Technique business area provides industrial compressors, vacuum solutions, gas and process compressors and expanders, air and gas treatment equipment and air management systems. The business area has a global service network and innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium, the United States, China, South Korea, Germany, Italy and the United Kingdom.
For further information please contact:
Atlas Copco AB - www.atlascopco.com
- Sickla industriväg 19, 131 54 Nacka, Sweden
Nico Delvaux, Business Area President, Compressor Technique, Tel. +32 3 401 9551
Ola Kinnander, Media Relations Manager, Tel. +46 8 743 8060
Trillium pleased to announce the acquisition of Austin Scientific
Nov. 24, 2015
Trillium US Inc, headquartered in Clackamas, OR, is pleased to announce the acquisition of the Oxford Instruments - Austin (OI-Austin) division, formerly known as Austin Scientific, effective November 23rd, 2015.
Focused on the helium compression based vacuum and temperature management and control sector, OI-Austin provides cryo pump, cold head and compressor service, a range of new cryogenic pumps, cold heads and helium compressors, as well as a full line of related spare parts and accessories.
'The Oxford Instruments-Austin acquisition serves a number of purposes for Trillium', announced Graham Stone, President and CEO of Trillium.
'We acquire a significant range of complementary products while strengthening our existing service capabilities, allowing us to further leverage our customer relationships, while also taking us into new markets,' he added.
Trillium US Inc. - www.trilliumus.com
- 13011 SE Jennifer St, Clackamas, OR 97015, US
Rob Breisch, email: rob.breisch@trilliumus.com, Tel. 801-416-0827
Oxford Instruments plc Disposal of Austin Scientific
Nov. 24, 2015
Oxford Instruments plc, a leading provider of high technology tools and systems for industry and research, today announces that it has completed the disposal of its non-core Austin business for a cash consideration of $1.3 million.
In the six months to September 2015 Austin had revenues of £1.7 million and made an operating loss of £0.4 million.
The business was classified as discontinued and 'held for sale' in Oxford Instruments' Half Year accounts.
Oxford Instruments plc - www.oxford-instruments.com
Jonathan Flint, Chief Executive, Kevin Boyd, Group Finance Director, Tel. 01865 393200
MHP Communications: Rachel Hirst / Jamie Ricketts, Tel: 020 3128 8100
Oerlikon signed an agreement to sell its Vacuum Segment to Atlas Copco
Pfäffikon SZ, Switzerland - November 20, 2015
A further step in portfolio development
- Thirteenth strategic transaction enabling Oerlikon to focus on core growth markets
- Transaction is based on an enterprise value of CHF 525 million
- Investment capabilities of Oerlikon Group further strengthened
- Oerlikon guidance (continued operations) for the full-year 2015 confirmed
- Transaction expected to close by middle of the year 2016
Oerlikon today announced that it has signed an agreement to sell its Leybold Vacuum business to Atlas Copco. The transaction is based on an enterprise value of CHF 525 million and is expected to close by middle of the year 2016.
Oerlikon advances its strategic agenda and continues to focus on streamlining its portfolio with the objective of further developing the company's Best-in-Class businesses. The divestment of its Vacuum Segment to Atlas Copco marks the thirteenth strategic transaction for the Group since 2010. It will allow the Group to further allocate resources and management attention to its strategic growth areas. Oerlikon CEO Dr. Brice Koch said: "This is another important milestone in our strategic effort toward focusing our businesses on attractive core growth markets in the fields of energy, mobility and urbanization. We intend to use the proceeds to invest in sustainable profitable growth within our core competencies."
Atlas Copco is the ideal owner to unfold the full potential of Oerlikon Leybold Vacuum as it has a strong position and wide expertise in the vacuum and compressor sector. The enterprise value for Oerlikon Leybold Vacuum is CHF 525 million. In 2014, the Segment generated sales of CHF 390 million and as of June 30, 2015, has 1 646 employees worldwide. The transaction provides Oerlikon with a stronger position to invest in its leading businesses funding innovation, operational excellence as well as organic and inorganic growth opportunities.
Process and guidance
The transaction is expected to close by middle of the year 2016, subject to regulatory merger approvals in a number of countries and the standard closing conditions.
Oerlikon will report the Vacuum Segment under "Discontinued Operations" in the 2015 full-year financial statements and will restate the 2014 accounts accordingly. Based on preliminary restated 2014 full-year Group figures for order intake (CHF 2 647 million), sales (CHF 2 825 million) and EBITDA margin (16.8 %), Oerlikon confirms for its continuing operations for the financial year 2015 at constant exchange rates the guidance provided on October 27, 2015:
- Order intake to increase by low single digits
- Sales to be at prior-year level
- EBITDA margin to be sustained at prior-year level
For further information please contact:
OC Oerlikon Corporation AG - www.oerlikon.com
Nicolas Weidmann, Head of Group Communications, email: pr@oerlikon.com, Tel. +41 58 360 96 02
Andreas Schwarzwälder, Head of Investor Relations, email: ir@oerlikon.com, Tel. +41 58 360 96 22
Pfeiffer Vacuum GmbH und GSI Helmholtzzentrum für Schwerionenforschung GmbH verleihen gemeinsam Doktorandenpreis
Asslar, 11. Nov. 2015
- Award for doctoral research on high-precision measurement of magnetic moment of proton
- Vacuum indispensable for scientific investigations
For the second time, Pfeiffer Vacuum and GSI Helmholtzzentrum für Schwerionenforschung (GSI Helmholtz Center for Heavy Ion Research) have jointly presented a doctoral candidate award. The recipient is Dr. Andreas Mooser who received the award for his dissertation on the high-precision measurement of the magnetic moment of a proton. Pfeiffer Vacuum funds the prize which is awarded annually. The GSI scientific director, Professor Karlheinz Langanke, and Dr. Ulrich von Hülsen, a member of Pfeiffer Vacuum GmbH management, presented the € 1,000 award as part of the GSI colloquium on November 10, 2015.
For his dissertation, Dr. Mooser and his colleagues kept a single proton at minus 268 degrees Celsius for 13 months in order to measure the magnetic moment of the proton. This was made possible by high-precision equipment known as the Double Penning trap. Dr. Mooser developed this ultra-sensitive vacuum-isolated apparatus at the University of Mainz together with scientists from GSI, the Max Planck Institute for Nuclear Physics in Heidelberg and the Japanese RIKEN research institute. “This enabled us to detect single spin quantum jumps of the proton”, explained Dr. Mooser. “The magnetic moment of the proton is particularly interesting for solving the puzzle of antimatter in the universe. Close comparison of the magnetic moments of antiprotons and protons can shed some light on why matter and antimatter did not completely annihilate each other after the Big Bang, and why there was a surplus of matter left from which our universe emerged.” Recent experiments conducted by the BASE collaboration at CERN, of which Dr. Mooser is meanwhile a member, showed that both charge-to-mass ratios are equal in magnitude.
“I feel honored and extremely gratified that my work has been singled out for the GSI doctoral award”, said Dr. Mooser, who wrote his dissertation at the University of Mainz, the Helmholtz Institute Mainz and GSI. “Measuring the magnetic moment of the proton paves the way for future research into missing antimatter in the universe.”
Pfeiffer Vacuum and the GSI Helmholtzzentrum für Schwerionenforschung have been linked through a partnership for many years. Vacuum solutions from Pfeiffer Vacuum have been successfully utilized there for decades.
Dr. Ulrich von Hülsen, member of Pfeiffer Vacuum management, congratulated the laureate: "It is immensely important to Pfeiffer Vacuum to foster new talent in cuttingedge research. Pfeiffer Vacuum has been setting standards in vacuum technology for 125 years. The company was built on a pioneering spirit and passion which has led it to successfully contribute to technological progress in industry and science from the very beginning.”
"The outstanding research opportunities at the GSI accelerator and the development of the future FAIR accelerator attract many young researchers from around the world to GSI," said GSI scientific director, Professor Karlheinz Langanke. "They contribute important innovative ideas to the development of the new accelerators and detectors."
Eligible students had to have earned their doctorate in 2014 and have been sponsored by GSI Helmholtzzentrum für Schwerionenforschung as part of its strategic partnerships with the universities of Darmstadt, Frankfurt, Giessen, Heidelberg, Jena and Mainz or through the R&D program. There are currently over 300 doctoral candidates working on their dissertations at GSI and FAIR within the scope of the graduate school HGS-HIRe (Helmholtz Graduate School for Hadron and Ion Research).
Pfeiffer Vacuum GmbH - www.pfeiffer-vacuum.com - Berliner Str. 43, 35614 Aßlar, Deutschland
Sabine Neubrand, Public Relations, email: info@pfeiffer-vacuum.de, Tel. +49 (0)6441 802-0
100% Robusta - Thyracont new Pirani sensor with platinum rhodium helix
Passau, Germany - Nov. 5, 2015
The Pirani sensor in the VCP has a platinum rhodium filament. The new sensor is thus not only suitable for corrosive gas applications in a range of 100 to 5.E-4 hPa. The relatively smooth surface of this material reduces deposits of oil vapors or other contaminations and therefore ensures a particularly high durability of the filament which has been verified in field tests with especially critical applications. The sensor can even withstand steam pressure sterilizations. By having processed the nearly indestructible platinum rhodium alloy in the shape of a helix for the first time the VCP Pirani, which works with the patented impulse ramp principle, achieves an excellent precision as well as the high resolution and temperature stability that are well known from our standard Pirani. The feedthrough is metal sealed and a stable, interference-free metal casing ensures optimum protection for the compact transducer even with rough application conditions. Measurements are output as a logarithmic 0-10 V signal and can thus easily be processed in system control.
Thyracont Vacuum Instruments GmbH - www.thyracont.com
Kathrin Wiredu, Sales & Marketing, email: kathrin.wiredu@thyracont.de, Tel. +49 (0)851 95986 17
will Busch influence Pfeiffer Vacuum strategy?
Nov. 5, 2015
In September / October the German vacuum pump maker Busch has been building a stake in Pfeiffer, which stood at 27.2 percent in late September and previosly had said its investment was financial and not strategic
On Nov. 5, 2015 Pangea GmbH, Maulburg, Germany - the Busch Holding, has notified the following modifications of its objectives
1. The investment of the notifying party ist o be regarded as a longterm investment in order to implement strategic targets.
2. Subject to market environment, share price, and business development, the notifying party intends to obtain further voting rights within the next twelve months by purchase or other means.
3. The notifying party is pursuing influence on the composition of the Supervisory Board. The notifying party is still not pursuing influence on the composition of the Management Board.
Download Press and Ad-hoc Release (pdf): Ad-hoc - Notification concerning the modification of objectives
Pfeiffer Vacuum new analogue total pressure measurement equipment
Asslar, Germany - October 15, 2015
- From ultra-high vacuum to the overpressure range
- Analog and digital complete range
- Expansion through the CenterLine series
Many vacuum applications only operate in a certain pressure range. In order to operate vacuum systems with high precision, the total pressure must be measured reliably. For this purpose, Pfeiffer Vacuum offers a range of different measurement equipment series with a digital or analog signal output, which is now being expanded with the addition of the CenterLine series.
DigiLine, ActiveLine and ModulLine
With the DigiLine series, thanks to the modular design of the signal output, the user can choose digital interfaces to suit the particular requirement. All gauges feature an RS-485 interface. Optional Profibus DP and DeviceNet interfaces are also available. This allows users to operate DigiLine gauges in large systems within a communication network. An interface known as an AR interface (analog output with relay) provides additional possibilities. The protection class IP54 and M12 connectors qualify these gauges for use in applications with harsh environments. Furthermore, the gauges can be operated with the accessories from the current HiPace turbopump series in a communication network.
The ActiveLine only has an analog output. This compact series provides the largest selection of measuring principles in the Pfeiffer Vacuum range. In this way, it allows total pressure measurement in the ultra-high vacuum range right up to the overpressure range. The user can combine the gauges with 1, 2 and 6-channel controllers.
The vacuum gauges in the ModulLine series do not contain any electronics. They are suitable for use in places with high radiation exposure, such as in medical technology and in particle accelerators.
New analog measurement equipment in the CenterLine series Just as in the existing ActiveLine series, the CenterLine series also comes with an analog output. Thanks to its compact design, it allows space-saving installation in vacuum process systems, analytical instruments, leak detectors and numerous other applications. Instead of using the Hirschmann connector as in the ActiveLine series, the gauges in the CenterLine series are either equipped with an 8-pin FCC connector or a 15-pin D-sub connector. These connectors are widely used in industry, which makes their integration into existing systems easier for the customer. The customers can choose between a variety of measuring principles for ultra-high vacuum up to atmospheric pressure.
Pfeiffer Vacuum GmbH - www.pfeiffer-vacuum.com
Sabine Neubrand, Tel. +49 6441 802-1223
Busch-Holding increases stake in Pfeiffer Vacuum Technology AG to 27.19 percent of voting rights
Maulburg, Germany, - Oct. 15, 2015
The shares purchased from free-float during the past days were again acquired with own funds. Given Busch-Holding's increased stake in Pfeiffer Vacuum Technology, it now considers itself an anchor investor of the company.
"Pfeiffer Vacuum is a strong company operating in a market with promising growth opportunities. We have thus welcomed the opportunity to increase our stake shortly after our first investment. As an anchor investor, we fully support Pfeiffer Vacuum in seizing the opportunities in this market, which we know very well – thus generating benefits for both the company and us", said Sami Busch, one of the managing partners of Busch-Holding.
About Busch-Holding GmbH
Busch-Holding GmbH is a globally operating manufacturer of vacuum pumps, blowers and compressors. The product range comprises solutions for vacuum and overpressure technology in all industry sectors. The Busch product range offers one of the largest selections of industrial vacuum technologies worldwide.
The company was founded in 1963 in Maulburg, Baden-Wuerttemberg, Germany, where the main German manufacturing facility and the German sales organization are located. Today, Busch-Holding has 59 subsidiaries in 40 countries and sales agents in over 30 countries providing sound advice and practical support to customers on-site.
The family-owned company has more than 2,700 employees worldwide.
Press contact - www.buschvacuum.com
Dr Phoebe Kebbel, email: pkebbel@heringschuppener.com ; Tel +49 (0) 173 28 62 110
Busch-Holding acquires 15 percent of voting rights in Pfeiffer Vacuum Technology AG
Maulburg, Germany, - Sept. 28, 2015
Busch-Holding GmbH has announced pursuant to the German Securities Trading Act (WpHG) that it has acquired 15.0 percent of the voting rights in Pfeiffer Vacuum Technology AG via its investment company Pangea GmbH.
The acquired shareholding in the TecDAX-listed Pfeiffer Vacuum will be managed as a financial investment. The shares purchased from free-float during the past days were acquired with own funds.
It is not intended to reach the threshold holding of 30 percent of the voting rights and as a result gain control of Pfeiffer Vacuum as defined in paragraph 29 German Securities Acquisition and Takeover Act (WpÜG). Busch does neither intend to exert influence on the composition of the supervisory board and management board nor does it intend to achieve a material change in Pfeiffer Vacuum's capital structure, in particular with regards to the ratio between own and external funds and the dividend policy.
“Pfeiffer Vacuum is a strong company with a convincing strategy and a leadership team that has successfully managed the challenging market environment of the past years. As a long-term oriented investor we see our stake in Pfeiffer Vacuum as a great opportunity to benefit from the potential of a market we know very well”, said Sami Busch, one of five managing partners of Busch-Holding.
About Busch-Holding GmbH
Busch-Holding GmbH is a globally operating manufacturer of vacuum pumps, blowers and compressors. The product range comprises solutions for vacuum and overpressure technology in all industry sectors. The Busch product range offers one of the largest selection of industrial vacuum technologies worldwide.
The company was founded in 1963 in Maulburg, Baden-Wuerttemberg, Germany, where the main German manufacturing facility and the German sales organization are located. Today, Busch-Holding has 59 subsidiaries in 40 countries and sales agents in over 30 countries providing sound advice and practical support to customers on-site.
The family-owned company has more than 2,700 employees worldwide.
Press contact - www.buschvacuum.com
Sebastian Krämer-Bach, email: skraemer-bach@heringschuppener.com ; Tel +49 (0)151 15 17 55 12
Atlas Copco opens vacuum solutions plant in China
Stockholm, Sweden - Sept. 22, 2015
Atlas Copco, a leading provider of sustainable productivity solutions, today formally inaugurates a manufacturing facility for Edwards vacuum and abatement solutions in Qingdao, China.
Edwards, the vacuum solutions business that became part of the Atlas Copco Group in 2014, uses the Qingdao facility as its global base for the manufacture of rotary-vane and liquid-ring vacuum pumps. Vacuum is used in a wide variety of industrial applications and manufacturing processes to create clean, particle-free environments.
“This state-of-the-art manufacturing facility lets us be close to our customers in China so that we can help them increase their productivity through our innovative vacuum and abatement solutions,” said Atlas Copco President and CEO Ronnie Leten, who is present in Qingdao for the Grand Opening. “This is key to our continuous effort to expand our business in high-growth regions.”
Atlas Copco, through Edwards, is investing about MUSD 40 (MSEK 330) over three years in the plant. The investment covers land purchase, construction of the factory, office space as well as application and development labs.
The facility supports the local Qingdao community by initially providing about 200 jobs.
For more information please contact:
Edwards - www.edwardsvacuum.com
Ola Kinnander, Media Relations Manager, +46 8 743 8060 or +46 70 347 2455
Pfeiffer Vacuum HiPace 30 – the smallest high-performance turbopump on the market
Hannover Messe, Germany - April 14, 2015
Pfeiffer Vacuum introduces the new and powerful HiPace 30 turbopump. It is currently the only turbopump on the market in its size class offering pumping speeds of 32 liters per second. Its small installation footprint and low level of vibration make this pump particularly suitable for integration into compact analytical systems such as benchtop mass spectrometers, small electron microscopes and leak detectors. Furthermore, weighing as little as 2 kilograms overall makes the HiPace 30 ideal for mobile applications.
The HiPace 30 is designed with a so-called hybrid bearing. This combination of ceramic ball bearings on the backing vacuum side and permanently magnetic radial bearings on the high vacuum side makes for a particularly sturdy bearing design. The pumps therefore have a long life cycle with a maintenance interval of approximately 4 years.
The sophisticated rotor design of the HiPace 30 achieves high gas throughputs and a very good compression of light gases. This ensures the low residual gas background that is desirable for mass spectrometry applications.
Download (pdf): HiPace 30 brochure
Pfeiffer Vacuum GmbH - www.pfeiffer-vacuum.com
Sabine Neubrand, Tel. +49 6441 802-1223
Danny Sanders has joined Tuthill Vacuum & Blower Systems as the Director of International Sales
April 2015
Danny Sanders has joined Tuthill Vacuum & Blower Systems as director of international sales.
Sanders comes to Tuthill from Pump Solutions Group of Dover Corp., where he has held various positions over the last 16 years, most recently as director of sales-Asia/Pacific.
Sanders has a Bachelor’s degree in Business Administration from California State University. He and his family will be relocating to the U.S.
Tuthill Vacuum & Blower Systems designs and manufactures high-performance positive displacement blowers, mechanical vacuum pumps, vacuum boosters, and engineered systems.
Tuthill Vacuum & Blower Systems - www.tuthillvacuumblower.com
Agilent Technologies introduces TwisTorr 84 FS vacuum pump
Santa Clara, CA - USA, March 31, 2015
Agilent Technologies Inc. (NYSE: A) today extended its line of vacuum products with the compact new TwisTorr 84 FS turbomolecular pump.
Innovations in the TwisTorr 84 FS will extend performance, reliability and energy-efficiency benefits to demanding academic and industrial applications. Such applications involve a range of scientific instruments, from high-stability electron microscopes to high-throughput gas chromatography/mass spectrometry systems.
One of the pump's key innovations is its drag stage, which guarantees high pumping speed and compression ratios for hydrogen and helium applications. It also ensures high throughput, high foreline pressure tolerance, low power consumption and low operating temperature.
An additional innovation is the pump's floating suspension, which minimizes vibration and acoustical noise while extending the operating life of the pump. This breakthrough affords exceptional stability, which is ideal for applications involving scanning electron microscopes.
World-class instrumentation requires innovative, high-performance vacuum equipment that is highly reliable and energy efficient, said Giampaolo Levi, Agilent vice president and general manager of the company's vacuum products division.
The TwisTorr family of high-vacuum turbomolecular pumps fits the bill.
The TwisTorr 84 FS will be employed in Agilent's compact turbo pumping systems and minitask bench-top pumping systems.
Agilent Technologies Inc. (NYSE: A), a global leader in life sciences, diagnostics and applied chemical markets, is the premier laboratory partner for a better world. Agilent works with customers in more than 100 countries, providing instruments, software, services and consumables for the entire laboratory workflow. Agilent generated revenues of $4.0 billion in fiscal 2014. The company employs about 12,000 people worldwide.
Agilent Technologies Inc. - www.agilent.com
Victoria Wadsworth-Hansen, email: victoria.wadsworth-hansen@agilent.com, Tel. +45 29336980
Pfeiffer Vacuum, Financial Press Conference and Analyst Conference
Asslar, Germany – March 26, 2015
Pfeiffer Vacuum announces results for FY 2014
- Total sales of € 406,6 million
- EBIT margin at 11,0 percent
- Dividend proposal of 2.65 euros
Total sales for FY 2014 which had already been preliminarily announced and have meanwhile been audited amounted to € 406.6 million. This represents a decrease of 0.5 percent (previous year: € 408.7 million). Operating profit (EBIT) amounted to € 44.7 million (previous year: € 50.5 million). As a result, the operating profit margin (EBIT margin) for FY 2014 amounted to 11.0 percent and, thus, was 1.4 percentage points lower than the previous year’s figure of 12.4 percent.
The Management and Supervisory boards have proposed an unchanged dividend of € 2.65 per share. The payout ratio therefore would amount to around 81 percent of consolidated net income.
Download (pdf): Key figures at a glance
Manfred Bender, CEO of Pfeiffer Vacuum Technology AG, comments: “Order intake in the fourth quarter was more than ten million euros higher than in the previous quarters. This development, including orders received in the first two months of FY 2015, shows that the year has started off positively. For this reason as well as our strong balance sheet and the improved operating cash flow, we prefer to keep the dividend payment stable for FY 2014 despite slightly lower net earnings. As a result, management and the supervisory board will propose a dividend of € 2.65 per share at the AGM in May. The investment in the economic potential of vacuum technology will remain worthwhile in the future.” In context of regional sales, Europe posted a slight increase of 0.6 percent to € 183.2 million (previous year: € 182.1 million) while sales in Asia receded by 9.4 percent to € 130.3 million (previous year: € 143.9 million). The development in the Americas was very pleasing where sales increased by 13.7 percent to € 92.6 million (previous year: € 81.4 million). Sales of turbopumps remained approximately stable at € 124.7 million (previous year: € 125.3 million). Instrument and component sales experienced a decline of 4.2 percent to € 96.9 million (previous year: € 101.1 million). Revenues from backing pumps fell by 2.9 percent to € 89.4 million (previous year: € 92.1 million). Service revenues rose by 4.1 percent to € 85.0 million (previous year: € 81.7 million). Finally, systems sales saw a development of plus 25.5 percent to € 10.6 million (previous year: € 8.5 million). The sales split by market segments shows sales of € 118.4 million (previous year: € 123.4 million) in the semiconductor market. This represents a decline of 4.1 percent. In the heterogeneous market segment industry there was a sales increase of 2.2 percent to € 107.2 million (previous year: € 104.9 million). Sales in the analytical market segment fell by 1.2 percent to € 78.7 million (previous year: € 79.6 million). The research and development market segment remained approximately stable at € 55.2 million (previous year: € 55.1 million) while coating sales grew by 3.0 percent to € 47.1 million (previous year: € 45.7 million). Gross profit for the reporting period amounted to € 143.4 million (previous year: € 149.4 million). This meant that the gross profit margin declined by 1.2 percentage points to 35.3 percent (previous year: 36.5 percent). The operating profit (EBIT) amounted to € 44.7 million. It was 11.4 percent below the previous year’s figure of € 50.5 million. This corresponds to an operating profit margin (EBIT margin) of 11.0 percent (previous year: 12.4 percent).
The financial result increased to € -0.5 million (previous year: € -0.6 million) and the tax rate amounted to 26.8 percent (previous year: 30.3 percent). This resulted in net income of € 32.4 million which represents a decrease of 6.9 percent (previous year: € 34.8 million). Earnings per share amounted to € 3.29 (previous year: € 3.53), also representing a decline of 6.9 percent. Despite the payment of the high dividend, Pfeiffer Vacuum was able to increase its net cash position to € 70.3 million as at December 31, 2014 (previous year: € 53.6 million). The equity ratio rose to 65.2 percent (previous year: 64.1 percent).
For FY 2015 Pfeiffer Vacuum expects a noticeable sales increase compared to FY 2014. This is expected to coincide with a noticeable improvement of the EBIT margin compared to FY 2014.
Download (pdf): Income statement, balance sheet and cash flow
Download (pdf): Presentation from the Financial Press Conference on March 26, 2015
Pfeiffer Vacuum Technology AG - www.pfeiffer-vacuum.com - Berliner Str. 43, 35614 Aßlar, Deutschland
Eerik Budarz, Investor Relations, email: Eerik.Budarz@pfeiffer-vacuum.de, Tel. +49 6441 802 1346
Changes in the Board of Directors of Oerlikon
Pfäffikon SZ, Switzerland – March 2, 2015
The Chairman of the Board of Directors of OC Oerlikon Corporation AG, Tim Summers, has informed the Board that he will not stand for re-election at the upcoming Annual General Meeting of Shareholders.
After four intense years at the helm of Oerlikon and a total of 25 years in key management positions in major global industrial companies, Tim Summers explains his decision: “Oerlikon is now in good shape, back to profitable growth, with a streamlined and clear strategy, paying regular dividends, and prepared for the future”. The Board of Directors regrets his decision and expresses its thanks for his leadership over the past four years, steering the company to strategic, financial and operational stability.
In addition, current Board Directors Carl Stadelhofer and Kurt Hausheer will not stand for re-election at the Annual General Meeting of Shareholders, having both served on the Board of Directors since 2008. The Board of Directors of Oerlikon thanks them for their profound contributions to the company over the past seven years, and wishes them both well in their future endeavours.
At the Annual General Meeting of Shareholders, to be held on April 8, 2015, the Board of Directors proposes Dr Michael Süss to the role of Chairman of the Board of Directors and Johan van de Steen as member of the Board of Directors of Oerlikon, both representing Renova. The Board also proposes Dr Mary Gresens to join the Board of Directors as an independent Director.
Dr Michael Süss (51, German citizen) has been Member of the Managing Board of Siemens AG and Chief Executive Officer of the Siemens Energy Sector until 2014. The Energy Sector is a world’s leading supplier of power technologies along the entire energy conversion chain. He previously served as Chief Executive Officer of the Fossil Power Generation Division of the Energy Sector from 2008 to 2011 and was a member of the Group Executive Management of the Siemens AG Power Generation Group from October 2006 to December 2007. Before joining Siemens, Süss worked in the aero engine and automotive industries, holding various management positions at BMW, Porsche and MTU. He graduated with a degree in Mechanical Engineering from the Technical University of Munich and completed his doctorate at the Institute for Industrial Science/Ergonomics at the University of Kassel (Dr. rer. pol.) in 1994. Since the beginning of 2015 he is CEO of Georgsmarienhütte Holding, a traditional German steel company. He joined Renova Management AG in 2015.
Johan Van de Steen, (49, Belgian citizen) comes from the telecommunications industry, where he managed projects in Europe and Africa. After several years in Siemens AG, and subsequently as a consultant with McKinsey & Co, in London he joined the investment house KKR as a partner. He joined Renova Management AG in 2014.
Dr Mary Gresens (59, US citizen) has experience of over thirty years as a business executive in international industry. She was the President of the Automotive Division for Schaeffler Group, and soon thereafter assumed the position of CFO. Previous roles include CFO of ITT Europe GmbH as well as Director of Strategic Development at Lear Corporation. She has served as a director on the boards of such institutions as Deutsche BP, Commerzbank, and Gerling. Dr Gresens is a Senior Member of the Society of Automotive Engineers, and teaches project management and liberal studies at Georgetown University, USA. Dr Gresens holds a Masters degree from George Washington University and a doctorate from Georgetown University.
Download (pdf): Changes in the Board of Directors of Oerlikon
www.oerlikon.com
The Kurt J. Lesker Company® introduce their very own line of vacuum pumps.
Hastings, UK - Feb. 2, 2015
The Kurt J. Lesker Company® are pleased to introduce their very own line of vacuum pumps.
KJLC-RV series are two-stage oil sealed rotary vane vacuum pumps, offering exceptional ultimate pressure, high pumping speed, low noise / vibration levels and excellent vapour handling capabilities.
Our KJLC-RV series of pumps are offered in four models with pumping speed ranges from 5 to 32 m3/h.
Each model comes standard with a Gas Ballest Valve to prevent condensation of vapours in the pump, therefore extending its service life and an anti-suck back mechanism which prevents oil back streaming. The modular internal design simplifies servicing and utilises a wide range single phase motor for low 110-120V to high 220-240V operation, compiling with international standards with CE Marking.
KJLC-RV pumps are shipped with an initial charge of KJLSS19 oil which offers superior performance, a wide variety of accessories are also available to support the range.
Our pumps have gone through vigorous performance tests proving its quality and reliability against the major competition.
The Kurt J. Lesker Company (KJLC®), founded in 1954, is a global manufacturer and distributor of vacuum components - Our mission - Enabling Technology for a better world.
Kurt J Lesker Company Ltd - www.lesker.com
email: saleseu@lesker.com, Tel. +44 1424 458100
Pfeiffer Vacuum presents its vacuum solutions as a new online experience
Asslar, Germany - January 5, 2015
Just in time for the new year, Pfeiffer Vacuum presents its new vacuum solutions website. Users can discover the wide spectrum of products and their functions in a real-life and practical setting.
The focus is to provide a virtual experience of vacuum solutions. The complete range of Pfeiffer Vacuum products is demonstrated in films, application reports, 3D animations and cross-sections showing products from an inside perspective.
The website presents the world of Pfeiffer Vacuum in seven categories. Futuristic-looking rooms graphically highlight the forward-thinking approach of the company. Aspects shown comprise the company's history, solutions, markets, applications, efficiency, products, and service.
With its vacuum solutions website, Pfeiffer Vacuum presents a platform that is unique to the market. Sophisticated 3D effects reveal insights into the inner workings of pumps and, at the same time, demonstrate the benefits and uses of the products. Films provide a behind-the-scenes look at pump installations, service repairs and maintenance. Viewers can virtually attend a training session, or have the features of pumps explained by the product manager.
The vacuum solutions webpage is a customer-oriented, innovative enhancement to Pfeiffer Vacuum's Internet presence and provides additional practical vacuum information.
It is available on the company website or by visiting www.pfeiffer-vacuum-solutions.com
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