The announced acquisition of the privately owned pump company Hidrotecar S.A. in Burgos, Spain, was completed on January 10, 2012. The acquired company achieved sales of EUR 13 million (approximately CHF 16 million) in 2010; it employs about 50 people. With this acquisition, Sulzer Pumps is adding complementary products to its product range and reinforcing its presence in the attractive water markets in Europe, the Middle East...
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For the full year 2011, Sulzer received orders of CHF 3 566.1 million. This was a significant adjusted¹ increase of 13.7% (nominal increase of 8.4%) from the previous year. In a challenging environment, the growth was driven by larger orders in the oil and gas upstream market (mainly in the first half of the year), the automotive industry, and other general industrial markets as well as by acquisitions. The strong S...
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Today, Sulzer has signed an agreement to acquire the privately-owned pump company Hidrotecar S.A. in Burgos, Spain. The acquired company achieved sales of EUR 13 million (approximately CHF 16 million) in 2010 and employs about 50 co-workers. With this acquisition, Sulzer Pumps will add complimentary products to its products range and reinforce its presence in the attractive water markets in Europe, Middle East, and Africa. The...
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