Date: Friday, September 02, 2011 Clyde Blowers Capital is selling ClydeUnion Pumps to SPX Corp for a headline price of £750 million. This includes £700 million in cash at deal completion and £50 million subject to an earnout agreement dependant on future performance. With projected 2011 revenues of £400 million, ClydeUnion Pumps operates eight manufacturing facilities and 25
KSB Reports Growth in Emerging Economies and in Its General Business Date: Tuesday, August 23, 2011 The KSB Group increased its order intake by 6.4 percent in the first half of the year to € 1,067.6 million, as shown in its half-year financial report. The pump and valve manufacturer profited from a rebound in its general
Date: Friday, July 22, 2011 ITT Corporation’s water technology and services business will be named Xylem when it becomes a standalone company later this year. Xylem, derived from classical Greek, is the tissue that transports water in plants. ITT says that Xylem highlights the engineering efficiency of the water-centric business by linking it with the best
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