ITT erwirbt Joh. Heinr. Bornemann GmbH

Strategic acquisition expands ITT’s portfolio of highly-engineered pumps, systems and aftermarket capabilities for global oil and gas and other attractive end markets

ITT Corporation announced today it has signed an agreement to acquire Joh. Heinr. Bornemann GmbH (Bornemann Pumps), a leading global provider of highly engineered pumps and systems for the oil and gas industry that is known for its leading edge technologies. „The acquisition of Bornemann Pumps would unlock powerful new opportunities for ITT to expand into new markets within the global oil and gas industry,“ said Denise Ramos, chief executive officer and president. “The addition of Bornemann’s positive displacement technology would broaden our capabilities while further positioning ITT as a leader in this key end market and enhancing our ability to serve customers through expanded global operational and service platforms.” … vollständiger Artikel