Difference between revisions 974370207 and 974370411 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)audler from US firm National Oilwell Varco, with a view to setting up a subsequent co-investment with the management to support a management buyout.<ref>{{cite news |title=Deutsche Beteiligungs acquires process equipment maker Pfaudler |url=https://www.business-standard.com/content/b2b-chemicals/deutsche-beteiligungs-acquires-process-equipment-maker-pfaudler-114121700631_1.html |accessdate=22 August 2020 |work=Business Standard India |date=17 December 2014}}</ref><ref>{{cite news |title=G MM Pfaudler to take control oferman PE fund Deutsche Beteiligungs backs Pfaudler GProup’s global businescess Solutions |url=https://www.vccircle.com/gmm-pfaudler-to-take-control-oferman-pe-fund-deutsche-beteiligungs-backs-pfaudler-gproup-s-global-busincess/ |accessdate=22 August 2020 |work=VCCircle |date=20 August16 December 202014}}</ref> In India, Pfaudler partnered with Gujarat Machinery Manufacturers (GMM) for a joint venture, acquiring a 40% stake in the company in 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><ref>{{cite news |title=GMM Pfaudler to take control of Pfaudler Group’s global business |url=https://www.vccircle.com/gmm-pfaudler-to-take-control-of-pfaudler-group-s-global-business/ |accessdate=22 August 2020 |work=VCCircle |date=20 August 2020}}</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=974370411.
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