WPIL has entered into a definitive Share Purchase Agreement for acquisition 100% shareholding of Italian pump major Gruppo Aturia Spa consisting of Aturia and its French subsidiary Pompes Rutschi SAS and Swiss subsidiary Rutschi Fluid AG.
Aturia is a leading European producer of clear liquid pumps with brands such as Marelli, Rotos, Audoli & Bertola and dominant in industrial pumps with a focus on API process pumps and magnetic drive pumps for the Oil & Gas industry, UL/FM listed fire pumps and engineered submersibles. This division has 3 plants at Gessate, Turin and Rovigo in Italy and operates through a large global distribution network.
The Rutschi business consists of sophisticated canned motor pump and sealless pumps for nuclear application. Rutschi is the inventor of the canned motor pump and a pioneer in the nuclear industry with pumps in more than 150 sites. The industrial business of Rutschi is strong in the chemical and process industry. This division has two plants in Mulhouse, France and Brugg, Switzerland.
| Company Name | CMP |
|---|---|
| Kirloskar Brothers | 1733.25 |
| KSB | 873.90 |
| Shakti Pumps (I) | 549.90 |
| Elgi Equipments | 558.95 |
| Kirloskar Pneumatic | 1558.20 |
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