Grundfos Group Acquires Peerless Pump

The Grundfos Group has acquired Peerless Pump Co., a U.S.-based manufacturer of pumps and fire protection systems with six North American facilities. The acquisition is Grundfos' largest to date and is part of its aggressive growth strategy in North America.

“The Grundfos Group has acquired Peerless Pump Co., Indianapolis. The U.S.-based manufacturer of pumps and fire protection systems has a total of six North American facilities. With more than 400 employees and annual sales of $110 million, Peerless is Grundfos’ largest acquisition to date, continuing its aggressive growth strategy in North America.”

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