NEW ACQUISITION EXPANDS SCOPE OF JOHN CRANES ACTIVITIES

Phil Black - PII Editor 09/05/2008

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John Crane, a global leader in the manufacture of mechanical sealing systems and associated technologies, has announced that subject to regulatory approvals it has acquired Indufil BV. Dutch-based Indufil specialises in the production of patented filtration systems used for rotating equipment fluid, fuel and gas conditioning.

Employing some 95 people, Indufil has bases in Duiven and Ede and much of its output is used in the petrochemical and power generation sectors. It benefits from a strong aftermarket for its products, and in the financial year to 31 December 2007 it had estimated sales equivalent to £26 million.

Mike Mansell, Managing Director of John Crane EAA, said: “This is a perfect illustration of our growth strategy in action as we seek to increase the scope of technology-based products associated with rotating equipment in our core markets. It will also increase our service offering to the aftermarket which can be supported through our existing global network.”

For more information contact John Crane EAA, Trafford Park, Manchester
Tel: +44 (0)161 886 5993 Fax: (+44) (0)161 872 1654
E-mail: louise.palmer@johncrane.co.uk Web: www.johncrane.co.uk