2017.08.04
EBARA Corporation
Notice of the establishment of a new base for the pump business in the Republic of South Africa
Our consolidated Ebara Pumps Europe S.p.A. (hereinafter referred to as "EPE") has acquired the business of the company from Zilmet Proprietary Limited (hereinafter referred to as "Zilmet"), which sells standard-pump products mainly in South Africa, and established a new base in the country, EBARA PUMPS SOUTH AFRICA (PTY) LTD ("EPSA").
1. Background and objectives
One of our basic policies is to use M&A as an effective means of achieving steady growth in the medium-term management plan "E-Plan2019," which aims to increase our market share in overseas markets and expand our product lineup, centered on the standard pump business, which is expected to achieve stable growth and earnings. In the Republic of South Africa, where economic growth continues, we will be able to quickly strengthen the sales function of standard pumps in South Africa and surrounding countries by transferring sales functions from Zilmet, which has a sales base for standard pumps.
In the future, through EPSA, which we established, we will work to expand sales of our Group companies' products and expand our market share.
In the future, through EPSA, which we established, we will work to expand sales of our Group companies' products and expand our market share.
2. Overview of EPSA
(1) Company Name | EBARA PUMPS SOUTH AFRICA (PTY) LTD |
(2) Date of transfer | August 2017 |
(3) Location | Johannesburg, South Africa |
(4) Employees | Approximately 30 people |
(5) Business activities | Sales of standard pumps for household, general industrial, and construction applications |
3. Overview of EPE
(1) Company name | Ebara Pumps Europe S.p.A |
(2) Date of Establishment | January 1989 |
(3) Location | Blendora, Italy |
(4) Net sales | EUR 106 million (approx. ¥13 billion) (FY2016 results) |
(5) Employees | 525 (as of December 2016) |
(6) Description of Business | Manufacture and sale of stainless steel press and casting standard pumps |