Pump Businesses Realigned into Three Companies
Dover Corp.’s Fluids Segment realigned its pumps businesses and product line technologies into three separate operating companies: Pump Solutions, Finder and Maag.
Karl Buscher was named president of Pump Solutions, which comprises the following brands: Wilden, Blackmer, Neptune, Almatec, Mouvex, Griswold, Ebsray and Quattroflow. The Pump Solutions business will be headquartered in Oakbrook Terrace, Ill. Ueli Thuerig was named president of Maag, which consists of Maag Pump Systems, Automatik Pelletizing Systems and Maag Filtration Systems. It will be based in Zurich, Switzerland. Finally, Lorenzo Barberi was named acting president of Finder, a manufacturer of API engineered pumps and systems for the energy market, primarily oil and gas. Finder is based in Merate, Italy.
Dover’s Pumps businesses have more than doubled in size as a result of organic growth and acquisitions over the last six years.