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Third quarter 2010 Company Activity Comment IDEX Corp Acquired OBL Srl, an Italian manufacturer of mechanical and hydraulic diaphragm pumps. Headquartered in Milan and with annual revenues of approximately E8.5 million, OBL provides pumps, polymer blending systems and related accessories for a range of global industries, including water, wastewater, oil and gas, petrochemical and power generation (see Pump Industry Analyst, July 2010). OBL is the first pump acquisition that IDEX has made since acquiring Richter Chemie-Technik in October 2008. www.idexcorp.com and www.oblitalia.com Gardner Denver Inc Bought ILMVAC GmbH, a German provider of vacuum pumps, systems and accessories for R&D laboratories and industrial applications. Based in Ilmenau, Germany, ILMVAC had sales of E9.4 million in 2009 (see Pump Industry Analyst, July 2010). The ILMVAC product lines and distribution channels will strengthen Gardner Denver's global position in the lab and life science market segment. www.gardnerdenver.com Metso Expanded its repair business with the acquisition of the US service business Wyesco of Louisiana LLC (see Pump Industry Analyst, July 2010).
The acquisition of Wyesco of Louisiana LLC will complement Metso's current services, technology and product offering to the pulp industry in North America, and is in line with Metso's strategy to increase its activity in the services sector. www.metso.com and www.wyesco.com
Fourth quarter 2010
The Gorman-Rupp Co Acquired National Pump Co LLC, the Glendale, Arizona headquartered manufacturer of vertical turbine line shaft pumps, submersible pumps, centrifugal pumps, high pressure booster pumps and packaged pump station systems (see Pump Industry Analyst, September 2010).
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