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 3.6B USD (2024)
DESCRIPTION

ITT manufactures 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 M&A 7 of 11
Type: Add-on Acquisition M&A Deals 12 of 21
Country: Brazil M&A 1 of 1
Year: 2010 M&A 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 -