Announced
Financials
Sources
Tags
Pending
Private
Acquisition
industrial air compressor systems
Single Bidder
Finland
Machinery: Industrial
Minority
Friendly
Cross Border
Synopsis
Sulzer, a global leader in fluid engineering, agreed to invest in Tamturbo, a technology company that develops and manufactures oil-free industrial air compressor systems. Financial terms were not disclosed. "We are excited to welcome a company with the size and reputation of Sulzer as a significant partner in our venture. Sulzer have had a leading position in the low-pressure market with high-speed turbo compressor products in the past 20 years. We can now join our efforts together using Tamturbo's higher-pressure products to address a market which is significantly larger," Timo Pulkki, Tamturbo CEO.
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