AxFlow Group subsidiary AxFlow Ireland has completed its acquisition of Irish Pumps & Valves, a supplier of valves, actuators, pumps and other equipment to the wastewater, power generation and process industries.
Through the acquisition, AxFlow Ireland will be able to offer pump and valve packages for large-scale projects, adding to its existing pump distribution and service facilities.
“This acquisition will enable AxFlow Ireland to enter the valve market in the wastewater sector and thereby capitalise on Irish Pumps & Valves strong position,” said Ole Weiner, CEO of AxFlow Group. “The strategy of adding valves to our product portfolio has already realised benefits in the food sector with the introduction of SPX products. This is a big opportunity for us to grow valve sales in sectors which AxFlow Ireland has never explored. We have a good spread across all markets with our pumps so adding valves to our offering is obvious next step in growth.“
Based in Carlow, Ireland, Irish Pumps & Valves stocks gate, non-return, ball and butterfly valves, in addition to a portfolio of pneumatic and electric actuators, flanges, fittings, gaskets and fixings/
Commenting on the news, Helen Murray, owner of Irish Pumps & Valves, said: “There are considerable synergies between both companies and together we can expand into industry sectors where previously we were under represented.”
Stuart Flood, managing director of AxFlow Ireland, added: “Irish Pumps & Valves is an established business in the Irish market. They are strong in the water and wastewater, which complements AxFlow’s sales of PD pumps in this sector. This acquisition will enable us to offer pumps and valves in one package, giving us a significant competitive advantage, making us truly a One Stop Shop.
“Irish Pumps & Valves has a good geographical location outside Dublin, so this will provide AxFlow with the opportunity to grow another service facility for its pumps business, as well as developing service and testing for valves.”
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