C.R.I. Pumps acquires pumping solutions business of UK firm
CRI Pumps takes yet another business stride!
CRI Pumps takes yet another business stride!
CRI Pumps, India’s largest manufacturer and exporter of pumps has signed a Business Transfer Agreement with, UK based Pumps & Process Systems Ltd,. This agreement will enable CRI pumps to scale new heights in embracing innovative technologies in delivering Industrial pumping solutions such as Pulp handling, Slurry handling and Chemical handling for a variety of industries such as Paper Mills, Metals & Mining, Power, Coal, Chemicals and Petrochemicals, Food & Beverages among others. The new initiative will enhance the prospects of meeting industrial demands both in India and abroad alike.
Pumps & Process Systems Ltd., is a Glasgow, UK based company founded in 1991 and has an established track record of performance of the pumps, across the globe. PPSL pumps have been supplied to countries like UK, Canada, US, Australia, South Africa, Indonesia, Chile and several other countries all over the globe. The company also has a strong service backup with the supply of spares. Speaking on the prospects of the agreement, Mr Soundara rajan, Vice Chairman, CRI Pumps pvt Ltd, said, “CRI has strategic plans to enter into the production of a variety of Pumps for different Industrial applications. CRI today is already supplying products to general water supply, power, petrochemicals, cements, metals and mining industry. With the addition of this product range, for which there are only few manufacturers worldwide, and its strong manufacturing and R&D capability, CRI will be able to offer specific, effective and efficient solutions to meet the growing industry demands”. Mr William Thom, Managing Director, Pumps & Process System Ltd, said “It is a win-win situation for both the companies. Proven technology of these products coupled with CRI’s R & D capability and manufacturing expertise, Industrial Customer’s can expect world class products for really tough applications such as corrosive and erosive slurry handling, pulp handling, chemicals handling in several industries.”
CRI Pumps will carry out further developments and improvements along with a team of professionals stationed in India from Pumps & Process Systems Ltd. CRI Pumps plans to invest in a new dedicated manufacturing facility and testing facility with sophisticated automated data acquisition system. CRI Pumps with its 5 decades of experience and expertise has become an indispensable name in offering pumps for different applications with its worldwide presence in over 80 countries. CRI Pumps has been recently awarded the 1st prize for BEE star labelled appliances in Agriculture Pumpsets category by the Govt of India and EEPC Regional Export Excellence award for the 9th consecutive time. The recognition comes as testimony to the committed efforts in pioneering innovative solutions in the pump industry.