GEA closes takeover of Aseptomag

27-Apr-2012 - Effective April 24, GEA successfully concluded the takeover of Aseptomag, headquartered in Kirchberg, Switzerland. With the acquisition of Aseptomag, GEA has added to its group one of the world’s leading suppliers of aseptic and hygienic valves, valve modules, and system solutions. Its customers ...

KSB’s sales revenue exceeds two billion euros for the first time

03-Apr-2012 - In 2011, KSB achieved consolidated earnings before taxes (EBT) of € 120.5 million, based on sales revenue of € 2,091 million. The company proposes to pay shareholders of KSB AG a dividend at prior-year level. At the KSB AG Financial Press Conference on 30 March in Frankenthal, the Chairman of the ...

KSB Group: Growth in sales and a stable order book

Interim report on the third quarter of 2011

17-Nov-2011 - The dramatic worsening of the European debt crisis and a slowing global economy are having a negative impact on economic growth worldwide. In addition, the matter of future energy supplies still remains unresolved in some countries. Many investors therefore continued to be very cautious in the ...

KSB reports growth in emerging economies and in its general business

Half-year Financial Report 2011

26-Aug-2011 - The KSB Group increased its order intake by 6.4 percent in the first half of the year to € 1,067.6 million, as shown in its half-year financial report. The pump and valve manufacturer profited from a rebound in its general business with standard products, as well as from a number of major orders, ...

KSB Group posts growth in order intake and sales revenue

06-Apr-2011 - The order situation and sales revenue of pump and valve manufacturer KSB developed positively in 2010. The Group’s order intake exceeded the two billion euro mark for the second time. As anticipated, consolidated earnings fell short of the prior-year figure. With the financial and economic ...

KSB acquires South Korean valve manufacturer

01-Apr-2011 - 24 March 2011 saw KSB buy the South Korean valve specialist Seres Co. Ltd. The company was founded in 1982 and has a total workforce of over 130 employed at its Seoul headquarters and its production site in Busan, South Korea’s second biggest city. The acquisition of Seil Seres offers KSB good ...

KSB Group: Growth in orders outside Europe

19-Aug-2010 - KSB reported renewed demand for standard pumps and valves in the first half of 2010. As anticipated, a reduction in large orders was recorded in the project business with its high proportion of customised products. Total order intake reached € 1,003.0 million by the end of June, while sales ...

ABB wins $107 million power order in Africa

17-Feb-2010 - ABB has won an order worth $107million from SNEL (Société Nationale d’Électricité), the national power company in the Democratic Republic of Congo, to upgrade key technology on one of the world’s longest electricity transmission systems.The contract was signed in the fourth quarter of 2009. ABB ...

Emerson Wins Contract to Digitally Automate New Mitsubishi Chemical Corporation (MCC) Advanced Polymers Plant in China

23-Mar-2009 - Emerson Process Management Asia Pacific has been awarded a contract by MCC Advanced Polymers (Ningbo) Co., Ltd. to digitally automate a new advanced polymers plant in Zhejiang Province, Peoples Republic of China. According to the contract, Emerson will provide engineering and project management, ...

PerkinElmer Announces Strategic Acquisition of Arnel Inc.

05-Dec-2008 - PerkinElmer, Inc. announced the acquisition of Arnel Inc., provider of custom engineered solutions for gas chromatography applications in the petrochemical, food and beverage, and industrial hygiene markets. According to the company, the acquisition is an important strategic initiative to expand ...