M&A Deal Summary

ITT Acquires Canberra Pumps do Brasil Indústria e Comércio

On June 30, 2010, ITT acquired machinery company Canberra Pumps do Brasil Indústria e Comércio

Acquisition Highlights
  • This is ITT’s 7th transaction in the Machinery sector.
  • This is ITT’s 1st transaction in Brazil.

M&A Deal Summary

Date 2010-06-30
Target Canberra Pumps do Brasil Indústria e Comércio
Sector Machinery
Buyer(s) ITT
Deal Type Add-on Acquisition

Target

Canberra Pumps do Brasil Indústria e Comércio

Salto,, Brazil
Canberra Pumps do Brasil Indústria e Comércio Ltda, manufactures pumps. The company serves the chemical, pulp and paper, and general industry pump industry.

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Buyer(S) 1

Buyer

ITT

Stamford, Connecticut, United States

Category Company
Founded 1920
Sector Machinery
Employees10,600
Revenue 3.3B USD (2023)
DESCRIPTION

ITT is a manufacturer of engineered critical components and customized technology solutions for growing industrial end-markets in energy infrastructure, electronics, aerospace, and transportation. ITT was founded in 1920 and is based in Stamford, Connecticut.


DEAL STATS #
Overall 21 of 37
Sector (Machinery) 7 of 11
Type (Add-on Acquisition) 12 of 21
Country (Brazil) 1 of 1
Year (2010) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-16 Laing

Remseck, Germany

Laing GmbH is a producer of energy-efficient circulator pumps primarily used in residential and commercial plumbing and heating, ventilating and air conditioning (HVAC) systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-20 SRA s Airport Operations Solutions group.

United States

SRA's Airport Operations Solutions (AOS) group, a provider of airport solutions in North America since 1974. Today more than 50 major airports enjoy the operational benefits of AOS's secure centrally managed web-based airport operation management platform.

Buy -