Grundfos buys South African pump manufacturer

NewsSouth-East European INDUSTRIAL Мarket - issue 5/2005

On 1st of November the Grundfos Group will take over the South African manufacturer of water supply pumps Brisan Turbo (Pty), according to official press report from Grundfos Group. The company employs 80 staff and has an annual turnover of DKK 50 million. ”Based on the huge need for clean drinking water and water for irrigation, we anticipate good business opportunities in the African water supply market. With the acquisition of Brisan, we will enhance our business base on the continent, and at the same time the investment is our modest contribution to the positive development in South Africa in terms of maintaining and creating jobs. A development we seek to support – and which benefits the local population”, said Group Executive Vice President, Soren O. Sorensen.