Announced
Completed
Synopsis
Flacks Group-backed PLEUGER, a German manufacturer of submersible pumps, thrusters, and plunger pumps, completed the acquisition of AVI International, a Connecticut-based specialist in the upgrade, repair, and service of rotating equipment. Financial terms were not disclosed. "As we celebrate this strategic add-on acquisition, I’m delighted to introduce our new PLEUGER Service in the local market. Reflecting our commitment to merging German engineering expertise with the swift service and high customer satisfaction of the United States, this initiative is set to redefine standards. We’re not just offering the unmatched quality of aftermarket to Pleuger products to local customers but also opening our doors to all rotating equipment brands, applying our unparalleled PLEUGER German know-how in service quality," Anton Schneerson, PLEUGER CEO.
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