Sulzer’s pressurised sewage system technology
2022-07-13
Life in a scenic rural location doesn’t have to mean compromising on the basics. Pressurized sewage pumping systems mean Norway’s remote holiday homes are asREAD MORE
Selwood partners with the Supply Chain Sustainability School
2022-07-13
UK pump rental company Selwood is reinforcing its commitment to environmental responsibility through a partnership with the Supply Chain Sustainability School. Launched in 2012, theREAD MORE
KBL’s ultra-efficient self-priming coupled pumpset
2022-07-13
Indian pump manufacturing company Kirloskar Brothers Limited (KBL) is now offering its self-priming (SP) coupled pumpset with the company’s new IE5 motor. The SP coupled pumpsetREAD MORE
Chesterton expands cartridge split seal line
2022-07-13
Sealing technology specialist Chesterton, has introduced its 442C XL cartridge split mechanical seal, expanding the company’s cartridge split seal product line to fit larger pumpsREAD MORE
Samotics’ smart monitoring system chosen for trial
2022-07-13
Samotics’ AI-based smart monitoring system, the SAM4, has been selected for a 12-month trial by United Utilities, a large UK water and wastewater company, to improveREAD MORE
Roper Technologies Inc has agreed to sell a majority stake in its industrial businesses, including its entire Process Technologies segment and the industrial businesses within its Measurement & Analytical Solutions segment, to affiliates of private investment firm Clayton, Dubilier & Rice LLC (CD&R). Image © red150770 – stock.adobe.com. Roper will receive total upfront, pre-tax cash proceeds of approximately US$2.6 billion while retaining a 49% minority interest in a new standalone entity. The transaction includes the Cornell, FMI and Roper Pump businesses, as well as Alpha, AMOT, CCC, Dynisco, FTI, Hansen, Hardy, Logitech, Metrix, PAC, Struers, Technolog, Uson and Viatran. Together, these businesses generated approximately US$940 million of revenue and US$260 million of EBITDA in 2021. “This is the final step in Roper’s divestiture strategy to reduce the cyclicality and asset intensity of our enterprise,” said Neil Hunn, Roper Technologies’ president and CEO. “Selling a majority interest in these industrial businesses will provide Roper with significant upfront cash, while maintaining the ability to receive additional cash proceeds from the future exit of our minority interest.” “We are excited to partner with CD&R given their track record of successful corporate partnerships. Operating as a standalone entity will enable these businesses to build on their niche-leading strategies and continue creating value for their customers and shareholders,” added Hunn. John Stroup, operating advisor to CD&R Funds, will lead the standalone entity when the transaction closes.
2022-07-13
Andreas Neufeld, product marketing manager for Pumps & NPD Program Manager, Atlas Copco Power and Flow, puts a spotlight on dewatering pumps. Removing water isREAD MORE
Roper Technologies to sell majority stake in its industrial businesses to Clayton, Dubilier & Rice
2022-07-13
Roper Technologies Inc has agreed to sell a majority stake in its industrial businesses, including its entire Process Technologies segment and the industrial businesses withinREAD MORE
Seko adds to Wash Series for commercial laundries
2022-07-13
Seko has extended its award-nominated Wash Series laundry dosing pump systems with the introduction of WashDose Tunnel, a free-standing unit designed for continuous batch washerREAD MORE
