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.

Fresh dairy products
Fresh dairy products - Image © pilipphoto - Adobe Stock.

Process Partners was founded in 2015 and specializes in the production and sale of plants and complete solutions for food processing activities, especially in the dairy products sector. With support from the Inoxpa Group, YRP Flow Technology was formed in 2016 to distribute components – valves, pumps and actuators – in China, as the exclusive distributor for the Inoxpa Group in the region. Together, the two businesses generated revenues of almost €11 million in 2023.

The combined price of the two transactions is about €2.9 million.

Fulvio Montipò, chairman of Interpump Group, highlights “the strategic importance of this operation, which exceeds the related economic parameters: in fact, it represents a major building block in the construction of a grassroots global presence in Flow Processing, especially in Asia where the group is examining attractive growth opportunities”.