Difference between revisions 974697713 and 994360440 on enwiki

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{{Infobox company
| name          = Pfaudler, Inc.
| type          = 
| foundation            = 1884<br>[[Rochester, New York]], United States
| key_people            =  Thomas Kehl (CEO)<ref>{{cite web |title=Company Information {{!}} Pfaudler |url=https://www.pfaudler.com/en/company-information |website=www.pfaudler.com}}</ref>
| industry              = Chemical equipment manufacturing
| owner                 =  GMM Pfaudler (54%)<br> Patel family (26%)<br> Deutsche Beteiligungs (20%)<ref>{{cite web |title=GMM Pfaudler acquires 54% stake in parent firm for around $27.4 million |url=https://www.business-standard.com/article/companies/gmm-pfaudler-acquires-54-stake-in-parent-firm-for-around-27-4-million-120082001684_1.html |website=Business Standard India |accessdate=24 August 2020 |date=20 August 2020}}</ref>
| homepage              = https://www.pfaudler.com
}}

'''Pfaudler, Inc.''' is an [[United States|American]] [[multinational corporation|multinational]] company best known for the invention of [[Glass-lined steel|glass-coated steel]], its successful commercialization and the subsequent production of storage tanks, reactors and other vessels for the brewing and chemical process industries. Pfaudler manufactures glass and [[fluoropolymer]]-lined reactors and components for the chemical and pharmaceutical industries. Pfaudler was founded in the US in 1884 and set up a production plant in [[Schwetzingen]], Germany to circumvent export costs.

Although at one time an independent company, Pfaudler has been acquired by a succession of holding companies, including the Process Solutions Group of [[National Oilwell Varco]] ({{nyse2|NOV}}), an [[United States|American]] [[multinational corporation|multinational]] [[Public company|public]] company.

Pfaudler in turn has independent locations / engineering / manufacturing facilities in Asia, Europe, North America and South America.

In December 2014, German firm Deutsche Beteiligungs AG ({{FWB|DBAN}}) acquired Pfaudler from 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=German PE fund Deutsche Beteiligungs backs Pfaudler Process Solutions |url=https://www.vccircle.com/german-pe-fund-deutsche-beteiligungs-backs-pfaudler-process/ |accessdate=22 August 2020 |work=VCCircle |date=16 December 2014}}</ref>

In India, Pfaudler partnered with Gujarat Machinery Manufacturers (GMM) for a joint venture, before 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>

<gallery>
Ringtank.jpg|Pfaudler ringtank c. 1911
Pfaudler headquarters.JPG|Pfaudler in [[Rochester, New York]]
Luftaufnahme 2005 Pfaudler Werke.jpg|Pfaudler Werke in Germany
</gallery>⏎
⏎

==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)]]