Grundfos Group acquires Peerless Pump Co. ($110M sales)

The Grundfos Group acquired Peerless Pump Co. of Indianapolis, a manufacturer of pumps and fire protection systems with over 400 employees and $110 million in annual sales, calling it its largest acquisition to date as part of an aggressive North American growth strategy.

“The Grundfos Group 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.”

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