GMM Pfaudler US Inc. has completed the acquisition of Professional Mixing Equipment Inc.

GMM Pfaudler US Inc. completed the acquisition of Professional Mixing Equipment Inc. on September 14, 2023. The acquisition was announced on the same day via a press release and stock exchange intimation.

Here are some additional details about the acquisition:

  • Date: Dec 1, 2023
  • Acquirer: GMM Pfaudler US Inc.
  • Target: Professional Mixing Equipment Inc.
  • Acquisition type: 100% share capital acquisition

Reason for acquisition:

  • To expand GMM Pfaudler’s mixing technology platform
  • To enhance GMM Pfaudler’s product portfolio
  • To strengthen GMM Pfaudler’s mixing business
  • To gain additional technology and process know-how

The acquisition is expected to be immediately accretive to the earnings of GMM Pfaudler.

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