Takeover on Pump Market C.R.I. Pumps Takes Over Italian Pumps Manufacturer
C.R.I. Pumps, India’s leading pump manufacturer, has recently acquired Italy based Fabbrica Italiana Pompe Sommergibili (FIPS) company. This acquisition will enable C.R.I. to scale new heights in embracing innovative technologies in sewage, effluent, drainage and wastewater handling solutions for municipal, industrial, residential and building applications
Coimbatore/India - This is the second acquisition after its recent acquisition of Pumps & Process Systems Ltd – UK for Industrial pump range. Speaking on the acquisition, Vice Chairman, C.R.I. Pumps Pvt Ltd, G Soundararajan, said, “C.R.I. has been strategically focusing on different applications through organic as well as inorganic path. With the acquisition of FIPS Italy, the company will be launching the complete range of sewage and wastewater pump solutions in India using the technology transfer advantage. C.R.I. with its strong manufacturing and R&D capability, will be able to offer world class technology to meet the growing industry demands”.