Bornemann specialises in highly engineered pumps and systems for the oil & gas industry, as well as the industrial, food and pharmaceutical sectors.
“Our acquisition of Bornemann Pumps and its leading edge technologies will further position ITT as a leader within the global oil and gas industry,” said Denise Ramos, ITT CEO and president. “We look forward to unlocking powerful new opportunities to serve customers through expanded global operational and service platforms.”
Robert Pagano Jr, president of ITT’s Industrial Process business, added: “The acquisition of Bornemann Pumps represents a significant milestone in the continuing growth of our business. Their twin-screw technology and multiphase applications expertise align strategically with the Industrial Process business, complement our Goulds Pumps brand and expand ITT’s presence in global oil and gas markets. We are also excited by the advantages we will gain by bringing together two teams with shared values and a commitment to quality, performance and customer satisfaction.”