news, people, new vacuum pumps, mergers and acquisition
District Court appointed Ms. Ayla Busch as a member of the Supervisory Board of Pfeiffer Vacuum Technology
Asslar, Germany - October 5, 2017
The District Court of Wetzlar has today appointed Ms. Ayla Busch, Managing Director of Pangea GmbH, as a member of the Supervisory Board of Pfeiffer Vacuum Technology AG. The appointment was made for the period from October 26, 2017 until the end of the next Annual Shareholders’ Meeting of the company. Ms. Ayla Busch is striving for the chairmanship of the company's Supervisory Board.
The motion by Pangea GmbH for the judicial appointment of Mr. Wolfgang Dondorf, Independent Gentleman and former Chief Executive Officer of Pfeiffer Vacuum Technology AG, as a member of the company's Supervisory Board was rejected by the District Court of Wetzlar.
Opening of Pfeiffer Vacuum’s first Service Center in Malaysia
Asslar, Germany - August 9, 2017
- 6,000 square foot building
- Built to support semiconductor and coating customers
- Latest Pfeiffer Vacuum service know-how
Pfeiffer Vacuum has opened a new service center in Malaysia. The more than 6,000 square foot building will house administration, sales, and service departments.
The main activities will be the repair of the dry backing pump range. more
A new building for the Pfeiffer Vacuum North American Headquarters
Asslar, Germany - June 13, 2017
Pfeiffer Vacuum is building in Nashua, NH, USA, a new 27,000 square foot building:
This modern construction will house the North American headquarters for administration, sales, product management, marketing and customer care.
The existing 24,000 square foot building will be converted to a Service Center of Excellence for all Pfeiffer vacuum service activities of the entire Pfeiffer Vacuum product portfolio.
KKR prepares IPO of Gardner Denver
Feb. 28, 2017
According a report by Greg Roumeliotis in New York, edited by Matthew Lewis and published on the Reuters site on Feb. 24,
the buyout firm KKR & Co LP (KKR.N) is preparing an initial public offering (IPO) of Gardner Denver Inc that could
value the U.S. industrial machinery maker at between $6 billion and $7 billion including debt, according to people familiar with the matter.
An IPO could then come later this year, the people added.
renaissancecapital.com reported that on Feb. 28, 2017 Gardner Denver filed with the U.S. Securities and Exchange Commission (SEC)
to raise up to $100 million in an initial public offering.
Pfeiffer Vacuum reports on successful year 2016 and rejects bid from Busch group
Pfeiffer vacuum published on Feb.15, 2017
- Sales amount to € 474.2 million // EBIT at € 68.0 million
- Two acquisitions: Dreebit GmbH based in Dresden, Germany for Service
and ATC Inc. in Indianapolis, USA for the leak detection
- Offer of the Busch Group not attractive
Manfred Bender, CEO of Pfeiffer Vacuum Technology AG, commented: "Strong incoming orders at the end of the year transformed 2016 into a very good year.
We are also highly satisfied with the start of the 2017 fiscal year. We expect the positive trend of the past months to continue at least for the first six months of 2017."
Sulzer Completes Acquisition of Ensival Moret
Winterthur, Switzerland - February 1, 2017
Sulzer announces that it has completed the acquisition of Ensival Moret (EM), a part of Moret Industries. Sulzer will immediately start to integrate EM
in its Pumps Equipment division. Combining the complementary product portfolios enables Sulzer to become a full line supplier in most industrial process applications.
Busch group to launch voluntary public tender offer for Pfeiffer Vacuum Technology AG
Maulburg - January 24, 2017
Maulburg, January 24, 2017. Busch SE today announced its intention to make a voluntary public tender offer for all outstanding shares of TecDAX-listed Pfeiffer Vacuum Technologies AG (ISIN: DE0006916604)
via its wholly owned subsidiary, the investment company Pangea GmbH. The offer price will be €96.20 per share. The all-cash offer values Pfeiffer Vacuum at approximately €949 million
based on equity value. Holders of Pfeiffer Vacuum shares will receive a premium of about 12 percent on the volume-weighted three-month average price of Pfeiffer Vacuum’s shares prior
to the announcement. There will be no minimum acceptance threshold.
Trinos Vakuum-Systeme GmbH is now Pfeiffer Vacuum Components & Solutions GmbH
Asslar, January 16, 2017
As of January 1, 2017, Trinos Vakuum-Systeme GmbH has a new name: Pfeiffer Vacuum Components & Solutions GmbH.
The company based in Goettingen employs some 160 people and has been part of the Pfeiffer Vacuum Group since January 2010.
The name Pfeiffer Vacuum has stood for highquality vacuum technology, a comprehensive range of products and first-class service for more than 125 years.
With its close customer collaboration and consistent focus on customer needs, Pfeiffer Vacuum is constantly optimizing and expanding its portfolio.
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