PG and Calder Extend Relationship with Hammelmann/Oelde
PG Flow Solutions and the recently acquired UK subsidiary Calder Ltd have both positioned themselves as strong suppliers of reciprocating pumps to the professional market, mainly focused on the oil & gas sector offshore, since more than 30 years.
Calder’s merger ( Oct 1, 2015) into PG has created a very strong Pump-Power-House with combined revenues of close to NOK $1 billion in 2014, and with around 100 engineers in their joint 210 crew strong organizations at 3 locations in Norway, 2 in the UK, and 1 in Saudi Arabia. Both companies have been operating since 1981/82 and established themselves as market leaders, with few overlaps in their complementary portfolios.
As an important element in the transaction, a close and future oriented cooperation with market leader for high pressure, and ultra high pressure, plunger pumps Hammelmann in Oelde / Germany has been secured – and the three companies expect to develop significant business as these three entities join forces in the market place.
Hammelmann CEO Burkhard Helmig says: “Over more than two decades Calder and Hammelmann can look back on a very successful partnership. We regard the merger of PG and Calder as a very important step into a promising future.
The Hammelmann team is very much looking forward to doing business with these strong and experienced partners.”
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