AxFlow Group subsidiary AxFlow GesmbH Austria has acquired Slovenian company VIP Tehnika, which sells and services pumps for water and wastewater applications.
Located in Maribor, Slovenia, VIP Tehnika’s headquarters will provide AxFlow with a second base from which to expand its operations in the Balkan region, with a particular focus on Slovenia, Croatia and Serbia.
Founded in 1991, VIP Tehnika distributes centrifugal pumps including those manufactured by Xylem. It focuses on the sales, installation, commissioning, repairs, assembly and system integration of pumps.
The Slovenian company also designs and manufactures small pump systems, including control panels for pump protection and regulation of constant pressure and flow.
“With almost 30 years of experience in selling and servicing centrifugal pumps, VIP Tehnika is a perfect fit for AxFlow Austria and our positive displacement pump portfolio,” said Andreas Lippitsch, managing director of AxFlow GesmbH. “Furthermore VIP Tehnika brings to the table a highly skilled and professional workforce and a well-equipped, modern service facility. Like AxFlow, VIP Tehnika operates in the food, beverage, industrial and chemical sectors, but its particular strength is its presence in water and waste water markets.”
“For us, this acquisition means a new challenge, access to new technical knowledge and new business connections,” added Božo Himelrajh, managing director and founder of VIP Tehnika. “We also see possibilities of selling our products in new markets outside of the Balkans and learning new market approaches from the best.”
“The acquisition is a strategic move that enables a synergistic approach for both companies and enables AxFlow Austria to expand its geographical presence and for both operations to offer existing and potential customers a greater range of products and support services,” said Ole Weiner, CEO of AxFlow Holding.