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Announced

Completed

Svanehøj completed the acquisition of Complete Cryogenic Services.

Synopsis

Svanehøj, a designer and manufacturer of specialised deepwell and submersible pumps, completed the acquisition of Complete Cryogenic Services, a company engaged in the repair, spare supply, and engineering solutions for submerged motor cryogenic pumps. Financial terms were not disclosed. "We have invested significantly in our service business to be close to customers with local service engineers worldwide. Today, Svanehøj can offer integrated solutions with service on safety valves, gauging and instrumentation systems, and submersible cargo, spray, and high-pressure pumps – all carried out by one service provider to make the entire service scope easier and more financially viable," Morten Christian Larsen, Svanehøj director of service and aftersales.

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