ERIKS acquires business activities of Sodeco Armaturen GMBH in Cologne, GermanyFrom
Executive board ERIKS nv
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25 May 2011
ERIKS ACQUIRES BUSINESS ACTIVITIES OF SODECO ARMATUREN GMBH IN COLOGNE, GERMANY
Yesterday ERIKS concluded an agreement with the owners of the Sodeco group in Belgium regarding the acquisition of the German business activities of the Sodeco subsidiary Sodeco Armaturen GmbH in Cologne.
The acquisition was carried out by the ERIKS Core Competence Centre for fittings and actuators in Germany – AMG Pesch GmbH in Cologne – which itself was acquired by ERIKS at the beginning of 2011.
AMG Pesch GmbH is expanding its German supply and delivery offerings with this acquisition of the business activities of Sodeco. As a result, AMG Pesch will become an authorised distribution partner of the JC (ball valves) and TTV (butterfly valves) brands in Germany. Employees of the former Sodeco Armaturen GmbH will be fully integrated into the organisation of AMG Pesch GmbH in Cologne. AMG Pesch GmbH will then be supported by a reliable team of around 90 employees, wide-ranging know-how, many years of experience, a mature and extensive product range and the latest in the field of valve technology. These factors, in combination with a well-stocked depot, make the company one of Germany’s leading providers in this industry.
The activities of AMG Pesch comprise the construction, design, manufacture, marketing and sale of high-quality actuators, special fittings, standard fittings and assemblies in the fields of valve and flow technology. The company’s customers are original equipment manufacturers (OEM) and end users, particularly in the chemicals, energy, pharmaceuticals, mechanical engineering, food technology and pump and plant construction market segments.
This acquisition represents a continuation of ERIKS Germany’s strategy of consistently strengthening and expanding its market position in the area of valve and flow technology.