WORLD PUMPS May 2014

www.worldpumps.com

Business news4

Hayward Tyler wins Swedish nuclear contract

LEGO executive to head up Grundfos

Hayward Tyler has announced a

new £2.3 million contract to

supply major assemblies for two of

the company’s reactor internal

pumps at Sweden’s Forsmark

nuclear power plant.

The Hayward Tyler major assem-

blies will be housed within the

reactor and incorporate additional

stretch tubes and impeller assem-

blies designed to work in high

pressure and extreme temperature

environments. Hayward Tyler has

18 motors installed at Forsmark.

The order is due to be fulfi lled

over the next 24 months.

www.haywardtyler.com

LEGO Group’s chief marketing

offi cer and executive vice

president Mads Nipper has been

named as the new CEO and group

president of Danish pump

company Grundfos.

Nipper will join Grundfos from 1

August 2014.

Grundfos group chairman Jens

Moberg said Nipper was chosen

because of his long and proven

record of working in the global

marketplace.

“With Mads Nipper on board we

get a highly competent leader

who has solid background in

strategy, business development,

sales and marketing from the

global marketplace. Mads is

extremely customer oriented and

has during his career proved that

he is able to create new ways of

growing the business. His profi le

fi ts extremely well into the

Grundfos Group and I am looking

forward to work together with

him to exploit the huge

potential for growth in both our

existing and new markets,” said

Moberg.

Nipper, 48, is a member of the

LEGO management board and has

worked for the Danish toy

company for 23 years.

www.grundfos.com

Alfa Laval to acquire Norway’s Frank Mohn

KSB secures €30mn order from Saudi Arabia

Alfa Laval has entered into an

agreement to acquire Frank Mohn

AS, a Norwegian manufacturer of

Framo submerged pumping

systems for the marine and

off shore markets, in a deal valued

at NOK13 billion.

Bergen-headquartered Frank Mohn

had sales of NOK3.4 billion and an

order intake of NOK6.1 billion in

2013, with around 1200

employees.

“Frank Mohn is an excellent

company that we have been

following closely for several years.

It has highly skilled employees,

high quality products and a

market-leading position within

segments off ering attractive

long-term growth prospects,” said

Lars Renström, president and CEO

of Alfa Laval.

“Consolidation and globalisation

takes place in all industries. We

have shown competitiveness

through innovation, quality and a

long-term view on customer rela-

tions. Alfa Laval’s commitment and

focus on quality products to an

international market is a heritage

we share,” said Trond Mohn,

chairman of Frank Mohn AS. “Alfa

Laval is the only company we

could see as a responsible and

long-term owner of Frank Mohn

AS and I am very happy that we

have reached an agreement.”

Alfa Laval plans to include Frank

Mohn as a new segment in its

Marine & Diesel division, headed

by executive vice president Peter

Leifl and.

www.frankmohn.com

www.alfalaval.com

Germany’s KSB AG will supply 15

large high-pressure boiler feed

pumps with variable speed drives,

together worth more than €30

million, for the YANBU 3 power

station in Saudi Arabia.

The oil-fi red YANBU 3 power

station includes a seawater

desalination plant.

From 2017, the power station will

generate more than 2700 MW of

electricity. Located on the Red Sea

coast, the power plant will supply

electricity to cities like Jeddah,

Mecca and Medina.

The associated seawater desalina-

tion plant, which will use the

power station’s electricity and

accumulated steam, will provide

550 000 cubic metres of drinking

water per day.

KSB will manufacture the boiler

feed pumps at its factory in

Frankenthal.

www.ksb.com

CRI Pumps buys Italy’s FIPSIndia’s CRI Pumps Pvt Ltd has

acquired Italian pump

manufacturer Fabbrica Italiana

Pompe Sommergibili Srl (FIPS).

Founded in 1978, Milan-based FIPS

specialises in waste and sewage

water pumps.

CRI Pumps vice chairman G

Soundararajan said: “With the

acquisition of FIPS Italy, CRI will be

launching the complete range of

sewage and wastewater pump

solutions in India using the tech-

nology transfer advantage from

FIPS Italy. CRI with its strong

manufacturing and R&D capability,

will be able to off er world class

technology to meet the growing

industry demands.”

https://www.crigroups.com

www.fi ps-pumps.it

WOPU0514_Business News 4 24-04-14 11:13:22