Difference between revisions 961017752 and 974367086 on enwiki{{more citations needed|date=July 2011}} {{Infobox company | name = Pfaudler, Inc. | type = Member of Robbins & Myers Process Solutions Group | foundation = 1884 | location = [[Rochester, New York]], United States | key_people = Bob Waddell , Vice President Operations, North America at Robbins & Myers, Inc. | industry = Chemical Equipment Manufacturers (contracted; show full) Pfaudler manufactures glass and fluoropolymer-lined reactors and components for the chemical and pharmaceutical industries. Deutsche Beteiligungs bought Pfaudler from US firm National Oilwell Varco. Pfaudler was founded in the US in the late 1800s and set up a production plant in Schwetzingen, Germany to circumvent export costs. In India, Pfaudler partnered with Gujarat Machinery Manufacturers (GMM) for a joint venture, before acquiring 51a 40% stake in the company and renaming itin 1987. Pfaudler raised its stake to 51% in 1999 and renamed the company as GMM Pfaudler ({{NSE|GMMPFAUDLR}}).<ref>{{cite news |title=GMM Pfaudler - About Us |url=http://www.gmmpfaudler.com/company-about.php |accessdate=29 May 2020 |work=www.gmmpfaudler.com}}</ref> GMM Pfaudler manufactures glass-lined reactors as well as non-glass-lined equipment for pharmaceutical and chemical companies. It has a market share of 60 percent in glass-lined equipment in India.<ref>{{cite news |title=Why investors should consider GMM Pfaudler's stock |url=https://www.moneycontrol.com/news/business/markets/ideas-for-profit-why-investors-should-consider-gmm-pfaudler-gmm-5207901.html |accessdate=29 May 2020 |work=Moneycontrol}}</ref> In August 2020, GMM Pfaudler announced that it will purchase a majority stake in Pfaudler Group from Deutsche Beteiligungs.<ref>{{cite news |title=GMM Pfaudler to acquire majority stake in parent firm for $27.4 million |url=https://www.businesstoday.in/current/corporate/gmm-pfaudler-to-acquire-majority-stake-in-parent-firm-pfaulder-group-corporate/story/413700.html |accessdate=22 August 2020 |work=www.businesstoday.in}}</ref> ==References== {{Reflist}} ==External links== * {{PM20|FID=co/045670|TEXT=Documents and clippings about|NAME=Pfaudler-Werke}} [[Category:History of Rochester, New York]] [[Category:Manufacturing companies established in 1884]] [[Category:Multinational companies headquartered in the United States]] [[Category:Manufacturing companies based in Rochester, New York]] [[Category:1884 establishments in New York (state)]] All content in the above text box is licensed under the Creative Commons Attribution-ShareAlike license Version 4 and was originally sourced from https://en.wikipedia.org/w/index.php?diff=prev&oldid=974367086.
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