October 4, 2021
Wilo succeeds again in M&A deal in the USA
Company acquisition to strengthen regional presence and expand customer base
Cedarburg/Florida. As part of an asset deal, WILO USA LLC, a subsidiary of WILO SE, has acquired the operating business of QuantumFlo, Inc, a specialist in pressure boosting systems and intelligent pump systems. The company, based in Sanford, Florida, USA, employs 32 people and offers high-quality products and innovative, user-friendly software solutions for the design and operation of pressure boosting systems.
"With this acquisition, we are strengthening our regional presence in line with our 'region-for-region' approach. We are thus countering decoupling, the politically motivated disengagement from global tendencies, and can meet local customer needs with locally manufactured products in an even more targeted manner. In addition, the acquisition of QuantumFlo expands our customer base to accelerate market development in the US," explains Oliver Hermes, Chairman and CEO of the Wilo Group.
David Carrier, founder and President & CEO of QuantumFlo, said at the closing of the deal on September 30, 2021, "As the leader in intelligent pumps systems in the U.S., and the creator of the World's first variable speed booster operating system, we are excited and honored to join our technologies with WILO USA LLC. This exciting new opportunity will allow QuantumFlo to further develop these innovations for a variety of markets throughout the Americas. The primary beneficiary of the sum of these companies is our Representatives, Specifying Engineers and Distributors."
Jeff Plaster, Managing Director of Wilo USA goes on to say, "In the pressurized booster market in the US the QuantumFlo brand represents leading technology, quality and a passion to provide solutions to their customers. This is the same value proposition that Wilo's other strong brands provide in the OEM, Water Management and Building Services sales channels."
"As a recognized and established US manufacturer of booster sets and HVAC systems, QuantumFlo is a real asset for the Wilo Group and we are already looking forward to working together," adds Mathias Weyers, Member of the Executive Board and CFO of the Wilo Group.
Tel: +1 (262) 204-6657
Tel: +1 (847) 358-4848
The Wilo Group is one of the world's leading premium suppliers of pumps and pump systems for building services, water management and the industrial sector. In the last decade, we transformed from hidden to visible and to connected champion. Wilo employs around 8,000 people around the globe today. With innovative solutions, smart products and individual services, we provide the clever, efficient and climate-friendly service of keeping water flowing. We already are the digital pioneer within the industry with our products and solutions, processes and business models.