Wilden Pump Acquires German Manufacturer of Double-Diaphragm Pumps
NEW YORK - Dover Corp. announced that its Dover Resources subsidiary has completed the acquisition of Almatec GmbH, Europe's premier manufacturer of air-operated double-diaphragm pumps. Based in Düsseldorf, Germany, Almatec GmbH will become a subsidiary of Wilden Pump and Engineering, LLC, of Grand Terrace, California. Terms of the transaction were not disclosed.
"With virtually no product or distribution overlap, our two companies can leverage individual strengths for optimum growth and efficiency," said John D. Allen, president & COO of Wilden Pump. "Almatec's location is ideal to take advantage of global sourcing in Eastern Europe," added Bruce J. Bartells, CEO of Wilden Pump.