Interpump acquires two companies in China

Interpump acquires two companies in China

(Finance) – Interpump Group has acquired, through the subsidiary Inoxpa SAU60% of the capital of the Company Process Partners China and to have increased its shareholding to 60% in the Company YRP (Shanghai) Flow Technology, both companies operating in China.

Through these transactions, on the one hand the Group enters the Chinese plant engineering market, on the other it expands the opportunities for contact with end customers for its products by leveraging a local managerial structure that knows the Group’s products perfectly thanks to several years of common collaboration. Current members will continue to be involved in the activities of the Companies.

The total price of the two operations was equal to 2.9 million euros.

Process Partner was founded in 2015 and specializes in the production and sale of systems and complete solutions for the food sector, the dairy sector in particular. YRP Flow Tecnology was created in 2016 also thanks to the support of the Inoxpa Group, to distribute in China components – valves, pumps and actuators – and represents the exclusive distributor of the Inoxpa Group in the region. Overall, the two companies generated a turnover of almost 11 million euros in 2023, with an EBITDA margin of approximately 10% and a positive net financial position.