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Notice of the establishment of a new base for the pump business in the Republic of South Africa


2017.08.04
EBARA Corporation

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.

2. Overview of EPSA

(1) Company NameEBARA PUMPS SOUTH AFRICA (PTY) LTD
(2) Date of transferAugust 2017
(3) LocationJohannesburg, South Africa
(4) EmployeesApproximately 30 people
(5) Business activitiesSales of standard pumps for household, general industrial, and construction applications

 

3. Overview of EPE

(1) Company nameEbara Pumps Europe S.p.A
(2) Date of EstablishmentJanuary 1989
(3) Location Blendora, Italy
(4) Net salesEUR 106 million (approx. ¥13 billion) (FY2016 results)
(5) Employees525 (as of December 2016)
(6) Description of Business 
Manufacture and sale of stainless steel press and casting standard pumps