WORLD PUMPS October 2013

www.worldpumps.com

Business news2

Naamloos-1 3

Weir Minerals invests in new Canadian facility

KKR completes Gardner Denver acquisition

Weir Minerals Canada’s Fort

McMurray service and distribution

operation has been relocated

to a new 19 000 sq ft facility

in the MacKenzie Industrial

Park.

The relocation project triples the

secure storage space, adds two

service bays and provides a much

larger area for customer service/

order entry, inventory and fi eld

service operations.

The Fort McMurray facility serves

customers in the Athabasca oil

sands in northeastern Alberta,

Canada.

www.weirminerals.com

Investment fi rm Kohlberg Kravis

Roberts & Co LP (KKR) has

acquired all of the outstanding

shares of Gardner Denver Inc in a

deal valued at US$3.9 billion.

KKR has appointed Timothy

Sullivan as president and CEO of

Gardner Denver, while former

president and CEO Michael Larsen

has become interim vice president

and chief fi nancial offi cer.

Sullivan, 60, spent 35 years at

mining machinery manufacturer

Bucyrus International Inc.

Pete Stavros, a member of KKR and

head of the fi rm’s Industrials

investment team, said: “We are

excited about taking this next step

in the evolution of Gardner

Denver. We would like to thank

Michael for his leadership through

the transaction and for his contri-

butions to the organization more

broadly. We would also like to

welcome Tim Sullivan, a world

class executive with particular

expertise in driving growth and

commercial excellence. Tim’s

35-year track record speaks for

itself and his experience will be

invaluable in accelerating the oper-

ating initiatives already underway.”

www.gardnerdenver.com

www.kkr.com

Schlumberger to provide 200 ESPs for Oman

Lewa-Nikkiso buys Dutch system integrator

Schlumberger Artifi cial Lift

has been awarded a US$40

million performance-based

contract in Oman by Daleel

Petroleum Co to supply, install,

commission and manage about

200 electric submersible pump

systems.

The fi ve-year contract, with an

option for a two-year extension,

includes the provision of REDA

Maximus electric submersible

pump technology, XT150 gauges,

and 18 pulse drive systems.

www.slb.com

Nikkiso has acquired Geveke BV, a

Dutch sales company and system

integrator of industrial pumps and

compressors, in a move designed to

gain a larger share of the oil and

gas market.

Under Nikkiso ownership, Geveke

will retain its three divisions -

Pumps, Compressed Air and Tech-

nical Solutions - and its current

management team.

Nikkiso is building its presence in

the global oil and gas market with

its German subsidiary Lewa GmbH.

www.lewa.com

www.nikkiso.co.jp

www.geveke-pompen.nl

Brazilian success for Pompe Garbarino Italy’s Pompe Garbarino has

secured one of its most important

projects this year from the

Brazilian shipyard Estaleiro Atlan-

tico Sul (EAS).

Pompe Garbarino will supply about

80 vertical in line centrifugal pumps

for each of the seven drillships that

EAS is building for Sete Brasil. Pump

delivery will begin next year and

continue until 2017.

Meanwhile Pompe Garbarino

will also supply pumps for 21

tug boats that will be used by

Brazil’s Baru Off shore and Camorin

Servicos Maritimos. About 10

centrifugal and positive displace-

ment pumps per ship will be

delivered by the middle of 2014

for engine room, hull and general

services.

www.pompegarbarino.com

Spirax-Sarco chief executive to retireMark Vernon, the chief executive

of Watson-Marlow parent

company Spirax-Sarco Engineering

plc, is planning to retire in January

2014.

Nick Anderson, currently respon-

sible for Spirax-Sarco’s steam busi-

ness operations in Europe, the

Middle East and Africa, has been

appointed chief operating offi cer

with immediate eff ect, with a view

to taking over as chief executive

when Vernon leaves the company

next year.

Anderson previously served as vice

president of John Crane Asia Pacifi c

and president of John Crane Latin

America.

In his new role, Anderson will be

responsible for the day to day

delivery of Spirax Sarco’s operating

results. The operating manage-

ment of peristaltic pump maker

Watson-Marlow will report to

Anderson.

www.spiraxsarcoengineering.com

www.watson-marlow.com