Trillium Flow Technologies to Acquire Termomeccanica Pompe
The joint agreement will bring the Termomeccanica Pompe, Gabbioneta pumps and Begemann brands together under the Trillium umbrella in Italy.
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Edited by Margo Ellis
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Trillium Flow Technologies (Trillium) announced that the company and Termomeccanica Pompe S.p.A. (Termomeccanica Pompe) have signed a joint agreement that will bring the Termomeccanica Pompe, Gabbioneta pumps and Begemann brands together under the Trillium umbrella in Italy. Due to customary regulatory approvals, the transaction is expected to close in three to four months. Following the transaction, Termomeccanica will concentrate its activities on developing the ecological and gas compression sectors, where its subsidiaries TME and TMIC operate.
Operating for more than 100 years, Termomeccanica Pompe is a world-leading pump manufacturing company that provides innovative engineered pumps and global service solutions for power, desalination, water transmission, and oil and gas markets.
Trillium Flow Technologies, a First Reserve portfolio company, is focused on its mission to assist its customers by providing performance-engineered products and services to help meet the needs of today’s ever-challenging world. Termomeccanica Pompe’s products and services combined with Trillium’s Gabbioneta, Floway, WEMCO, WSP, and Roto-Jet Pump offerings provide customers with an extensive range of complementary pump products, related engineering support and aftermarket services.
Paolo Macchi, managing director of Gabbioneta Pumps, said, “The acquisition will create a much larger Italian engineered pump manufacturer by combining two strong legacy brands with a highly complementary product portfolio, installed base, and service capabilities. The joint entity will be best positioned to support our local and international customers in a more comprehensive and impactful way.”
David Paradis, CEO of Trillium Flow Technologies, added, “Termomeccanica Pompe and Gabbioneta have incredibly talented people, highly engineered, yet different, offerings and extensive manufacturing and testing capabilities. Bringing these businesses together will create significant value for our customers and other stakeholders.”
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