Burckhardt Compression has acquired the global compressor business from The Japan Steel Works (JSW).
The acquisition of the Tokyo-based manufacturer of steel, power-plant equipment and industrial machinery will further expand Burckhardt Compression’s market reach and product portfolio.
“Burckhardt Compression is building on its market leadership in the compressor business and expanding its presence in Japan, a key market, with this acquisition,” said Marcel Pawlicek, CEO of Burckhardt Compression.
The acquisition agreement was signed on 4th March. The purchase price was not disclosed.
Read more like this – subscribe today
Enjoyed this story? Subscribe to gasworld today and take advantage of even more great insights and exclusives in industrial gases.
Visit www.gasworld.com/subscribe to access all content and choose the right subscription for you.