Posted July 9, 2019

Gardner Denver acquires Swedish pump solutions provider

Gardner Denver Holdings has acquired Oina VV AB, for approximately $10 million funded by cash on hand.

Based in Stockholm, Sweden, Oina specializes in customized pump solutions for liquid handling processes for use in medical, process and industrial applications. Oina will be part of Gardner Denver’s Medical Segment.

“Oina has a strong history of delivering innovative products and building excellent customer relationships. This acquisition complements and expands our existing peristaltic pump offering and provides increased access to and expertise in the market,” said Vicente Reynal, Gardner Denver’s CEO. “This is another important step in our strategy to drive ongoing profitable growth by leveraging core, mission-critical technologies in attractive end markets.”

The CEO of Oina, Anders Lovas, stated, “We are excited to join the Gardner Denver family. Oina will be able to leverage an expanded commercial and operational footprint as we continue to innovate and deliver high quality products and service to our customers.”