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Idex closes acquisition of Abel Pumps


Idex closes acquisition of Abel Pumps
16 March 2021
Abel designs and manufactures highly engineered reciprocating positive displacement pumps for end markets including mining, marine, power, water, wastewater and other general industries. The company’s diaphragm and high-pressure piston pumps serve harsh, demanding applications involving abrasive or corrosive substances and fluids with high solids content.
Abel has an administration office and manufacturing plant in Büchen, Germany, and sales and service locations in Madrid, Spain and Pittsburgh, USA.
“We welcome Abel and its employees worldwide to the Idex family of businesses. We look forward to their expertise complementing the longstanding strength Idex has in pump and valve manufacturing,” said Idex CEO and president Eric Ashleman. ....

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Idex to acquire Abel Pumps from Hillenbrand


Idex to acquire Abel Pumps from Hillenbrand
12 January 2021
Idex Corp has entered into a definitive agreement to acquire Abel Pumps LP from Hillenbrand Inc for US$103.5 million in cash.
Abel designs and manufactures highly engineered reciprocating positive displacement pumps for end markets including mining, marine, power, water, wastewater and other general industries. The company, which was acquired by Hillenbrand in 2015 from Roper Technologies, has annual sales of approximately US$34 million.
Abel’s administration office and manufacturing plant are in Büchen, Germany, with sales and service locations in Madrid, Spain and Pittsburgh, USA.
Abel will join Idex’s Fluid and Metering Technologies segment. Fluid and Metering Technologies is already home to a number of pump companies including Banjo, Corken, Godiva, Hale Products, Micropump, OBL, Pulsafeeder, Richter Chemie-Technik, Trebor, Viking Pump, Warren Rupp and Wrig ....

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