AxFlow makes Danish acquisition

AxFlow has acquired Pumpegruppen A/S, a Danish pump supplier to the chemical, meals and pharmaceutical industries and for water therapy and basic industrial purposes.
Value has made a Danish acquisition. – Image © Nikolay N. Antonov – stock.adobe.com.
Pumpegruppen is a full-service pump specialist representing manufacturers together with Grundfos, Wilden, FTI and Speck. Underground is headquartered in Lyngby, 10 km north of Copenhagen, and has one other base in Rønde in Jutland.
“The acquisition of Pumpegruppen is well-aligned with our group strategy to expand the product and repair offering in Denmark. Pumpegruppen has a robust customer base and a sound growth potential,” stated Søren Weihrauch, CEO of AxFlow A/S.
Under the leadership of CEO and former owner Erling Olsen, Pumpegruppen will proceed to operate under its current identify whereas being a part of the AxFlow Group.
“This is a very thrilling alternative for us at Pumpegruppen, and I sit up for growing the business further with AxFlow,” stated Olsen.
“I see many similarities in the way in which Pumpegruppen and AxFlow operate in the market and I’m certain that our customers will profit from a very extensive product portfolio, a wealth of software know-how and near-by customer service,” added Weihrauch.
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