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The terms of the transaction have not been disclosed
Pump Solutions Group (PSG), a business unit operating within the Dover Fluid Management Segment of Dover Corp., is proud to announce the acquisition of Tianjin RedScrew Pump Mfg. Technology Co. Ltd. The RedScrew Pump manufacturing facility is ISO 9001 certified and is located in Tianjin, China, in the Hua Yuan Technology Park. The terms of the transaction have not been disclosed.
The RedScrew Pump brand is a composite portfolio of twin and triple screw pumps with patented technology, as well as multiphase and specialty pumps. These pumps service multiple markets, including oil and gas, petrochemical and marine. The safety, reliability and performance of these pumps are equally matched with the top tier screw pump manufacturers around the globe. RedScrew pumps have been designed to meet the wide range and stringent demands of tough industrial applications worldwide.
“The addition of RedScrew Pump truly complements PSG’s broad product portfolio of premium global brands in the positive displacement pump space,” PSG President Dean Douglas said. “Dover and PSG are very committed to the China market and the acquisition of RedScrew is a clear indication of this.”