Pfaudler

Pfaudler, Inc. is an American multinational company best known for the invention of glass-coated steel, its successful commercialization and the subsequent production of storage tanks, reactors and other vessels for the brewing and chemical process industries.

Headquarters in Rochester, New York
Pfaudler, Inc.
Member of Robbins & Myers Process Solutions Group
IndustryChemical Equipment Manufacturers
Founded1884
HeadquartersRochester, New York, United States
Key people
Bob Waddell , Vice President Operations, North America at Robbins & Myers, Inc.
Websitehttp://www.pfaudler.com

Although at one time an independent company, Pfaudler has been acquired by a succession of holding companies. At the current time, it is part of the Process Solutions Group of National Oilwell Varco (NYSE: NOV), an American multinational public company.

Pfaudler in turn has independent locations / engineering / manufacturing facilities in Scotland, Germany, Mexico, India, South America and China.

The Rochester NY location has little interaction with other Pfaudler locations. As of late 2009, plans are to move production of some products to outside the US, reduce workforce and shutter parts of the plant.

Dec 15, 2014 Reuters(Listed German firm Deutsche Beteiligungs has acquired US company Pfaudler, with a view to setting up a subsequent co-investment with the management to support a management buyout.

Pfaudler manufactures glass and fluoropolymer-lined reactors and components for the chemical and pharmaceutical industries.

Deutsche Beteiligungs bought Pfaudler from US firm National Oilwell Varco. Pfaudler was founded in the US in the late 1800s and set up a production plant in Schwetzingen, Germany to circumvent export costs.

In India, Pfaudler partnered with Gujarat Machinery Manufacturers (GMM) for a joint venture, before acquiring 51% stake in the company and renaming it as GMM Pfaudler (NSE: GMMPFAUDLR).[1] GMM Pfaudler manufactures glass-lined reactors as well as non-glass-lined equipment for pharmaceutical and chemical companies. It has a market share of 60 percent in glass-lined equipment in India.[2]

References
  1. "GMM Pfaudler - About Us". www.gmmpfaudler.com. Retrieved 29 May 2020.
  2. "Why investors should consider GMM Pfaudler's stock". Moneycontrol. Retrieved 29 May 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.