Armstrong expands European presence through acquisition
January 12, 2018
Armstrong Fluid Technology, headquartered in Toronto, Ontario, has completed the acquisition of the Circulator Pump Business Unit of HALM Motors + Systems GmbH in Germany, a provider of high-efficiency circulator pumps for heating, solar, geothermal and domestic hot water applications. The HALM circulator pump offerings, global customer base and European presence extend Armstrong’s lineup and global reach.
Armstrong’s leadership believes the addition of HALM’s circulator offerings represents a natural extension of its current range of offerings. The business will be integrated into Armstrong’s global Building Business and will generate synergies by leveraging both the increased scale and global distribution opportunities.
“As HALM becomes an integral part of the Armstrong family, we have the ability to deliver more comprehensive solutions to our global customer base, building on the high level of innovation inherent in the HALM offerings,” says Lex van der Weerd, Armstrong CEO. “These high efficiency offerings are a further enabler of Armstrong’s global commitment to sustainability and the planet.”
Armstrong has more than 1,100 employees worldwide and operates seven manufacturing facilities on three continents.