Fluid management firm Pall acquires Brazilian distributor Engefiltro
Pall Corp., a global leader in filtration, separation and purification, has agreed to acquire its long-time Brazilian distribution partner, Engefiltro.
The acquisition will strengthen Pall’s capabilities to support customers in the fast-growing Latin American market, it said.
The transaction is expected to be completed by the end of the month. Terms of the deal were not disclosed.
Headquartered in the state of Sao Paulo, Engefiltro’s customers represent a broad spectrum of the national economy, including the mining, oil and gas, chemical and petrochemical, power generation, food processing, and pharmaceutical industries.
Engefiltro, which is certified to ISO 9001 quality standards, also has sophisticated filtration systems engineering capabilities.
This expertise increases Pall’s regional capabilities in the design, construction and servicing of sophisticated fluid management systems for customers in the life sciences and industrial markets throughout Latin America.
“Brazil is already the world’s seventh largest economy and among the fastest growing. Its current size, market diversity and growth plans demand a local Pall presence. We are delighted to welcome Engefiltro's employees to the Pall family and will do everything we can to further enhance their ability to serve customers and grow the business,” said Eric Krasnoff, CEO.
Felix Diaz, president of Pall Latin America, said: "The Engefiltro organization has been very successful positioning Pall technologies, products and services into the Brazilian market for more than 20 years. Engefiltro's sales organization is world-class and their operations and capabilities are highly complementary to Pall's.”
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