TRANTER INTERNATIONAL ACQUIRES PRESSKO AG

Phil Black - PII Editor 14/01/2009

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Tranter International AB, a world leader in gasket and welded heat exchanger products and technology, has announced the acquisition of Pressko AG located in Artern, Germany. The development is an illustration of Tranter’s strategy to acquire businesses with excellent growth potential in its key markets.

Pressko was founded in March of 2000 with a focus on high pressure, high temperature fully welded products for markets including refrigeration, chemical, pharmaceutical and marine applications.

“With worldwide sales of $8 million, Pressko will become part of Tranter’s European operation strengthening our welded product base in one of the world’s most significant heat exchanger markets,” commented European Managing Director, Torbjörn Lantz.

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