Grundfos Group acquires Peerless Pump Co.

The Grundfos Group acquired Peerless Pump Co., a U.S. manufacturer of pumps and fire protection systems with ~$110M annual sales, described as Grundfos' largest acquisition to date. Strategic corporate M&A expanding Grundfos' North American position.

“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. Grundfos is continuing its aggressive growth strategy in North America.”

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