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Majority stake Announced Dec 2007 Closed Dec 2007 Verified

Grundfos Group acquires Peerless Pump Co.

Relationship map

Relationship map for Grundfos Group acquires Peerless Pump Co.parent ofGrundfos: Operating CompanyGRGrundfosPeerless Pump Co.: Operating CompanyPeerless Pump Co.
Operating Company

Parties
Acquirer
Grundfos
Operating Company
Target
Peerless Pump Co.
Operating Company

Market signals

Summary

Grundfos Group acquired Peerless Pump Company, a US-based manufacturer of pumps and fire protection systems with over 400 employees and annual sales of USD 110 million, to strengthen its US market position.