Gardner Denver Holdings, Inc., a renowned global provider of mission-critical flow control and compression equipment, announced that it has acquired international liquid and gas handling solutions provider, Oina VV AB, for a net purchase price of approximately US $10 million funded by cash on hand. Based in Stockholm, Sweden, Oina specializes in customized pump solutions for liquid handling processes for use in medical, process and industrial applications. Oina will be part of Gardner Denver’s Medical Segment.
Customized pump solutions
Acquisition of Oina will provide further access to the peristaltic pumps market and enhanced R&D capabilities and leverage Gardner Denver’s distribution network, commercial, and operational capabilities.
“Oina has a strong history of delivering innovative products and building excellent customer relationships. This acquisition complements and expands our existing peristaltic pump offering and provides increased access to and expertise in the market,” said Vicente Reynal, Gardner Denver’s CEO. “This is another important step in our strategy to drive ongoing profitable growth by leveraging core, mission-critical technologies in attractive end markets.”
Mission critical technologies
The CEO of Oina, Anders Lovas, stated, “We are excited to join the Gardner Denver family. Oina will be able to leverage an expanded commercial and operational footprint as we continue to innovate and deliver high quality products and service to our customers.”
Gardner Denver is a globally renowned provider of mission-critical flow control and compression equipment and associated aftermarket parts, consumables and services, which it sells across multiple attractive end-markets within the industrial, energy and medical industries. Its broad and complete range of compressor, pump, vacuum and blower products and services. Oina offers customized solutions for liquid and gas handling, including peristaltic pumps, piston pumps, diaphragm pumps, valves, tubing, fittings and more.