Pumps Mergers & Acquisitions Review: Q2 2024

The pump-related M&A activity during the second quarter of 2024 – from April to June – is listed here with links to the original coverage on the World Pumps website.

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OTC Industrial Technologies acquires Allied Sales & Service

US industrial equipment service provider and distributor OTC Industrial Technologies has acquired Allied Sales & Service, a supplier of pumps and mechanical seals.

 

• Interpump expands in China through acquisitions

Italy’s Interpump Group has acquired a 60% equity interest in Process Partners China Co Ltd and an increase to 60% in its investment in YRP (Shanghai) Flow Technology Co Ltd, via its subsidiary Inoxpa SAU.

 

• De.mem acquires Australia's Border Pumpworks business

De.mem Ltd, a provider of decentralized water and wastewater treatment solutions, has signed a binding agreement to acquire the Border Pumpworks business, based in Wodonga in regional Victoria, Australia.

 

• Integrated Power Services acquires Houghton International

Integrated Power Services (IPS), a North American leader in the servicing, engineering, and remanufacturing of electrical, mechanical, and power management assets, has acquired UK electromechanical services provider Houghton International.

 

• Techouse to acquire Norway’s Eureka Group

Triton portfolio company Techouse Group AS has signed an agreement to acquire pump and genset supplier Eureka Group AS from Remold Invest AS and Aker Capital AS.

 

• Tencarva Machinery acquires Tri-State Coating & Machine

US pump distributor and servicer Tencarva Machinery Company has acquired Tri-State Coating & Machine, a Salt Rock, West Virginia-based provider of specialized thermal coating services and related parts to the industrial market.

 

• Ingersoll Rand buys India’s Del Pumps

Ingersoll Rand Inc has acquired Del PD Pumps & Gear Pvt Ltd, an India-based manufacturer of rotary, twin, and triple gear pumps for the loading, unloading, transfer, and pressurization of liquids.

 

• Holland Pump acquires Florida Dewatering

US independent specialty pump rental and dewatering solutions provider Holland Pump Company has completed the acquisition of Florida Dewatering based in Tampa, Florida.

 

• Burt Process acquires fluid systems supplier ProFlow

Burt Process Equipment has bought ProFlow Inc, a US provider of advanced stainless-steel technologies.