The business unit Weir Pumps develops and manufactures its pump lines and associated spare parts in Scotland. The main segments served are oil and gas as well as power generation. Sulzer Pumps intends to broaden its product portfolio with these pump lines. In the event of successful negotiations, the acquisition will be signed in the first quarter of 2007 and closed in the second quarter of this year subject to regulatory approval.
In the case of an agreement, Sulzer Pumps will evaluate options to exploit synergies within its factory network. In any case, the company intends to establish an engineering and sales presence as well as a spare-parts manufacturing facility in the Glasgow area.
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