Online News-Grundfos Acquires Tesla s.r.l. and Alldos
Grundfos announced it has acquired Italian submersible motor manufacturer Tesla s.r.l. Grundfos will continue to operate the new acquisition under the Tesla name and will retain the company's previous owners to manage it. Tesla was established in 1990 and has estimated 2004 sales above US$15.56 million. Tthe company also announced the purchase of the German metering pump group Alldos. Both companies produce precision, motor-driven metering pumps primarily for dosing of chemicals for water treatment. Alldos has been in the metering pump market for 36 years and has an annual turnover of approximately US$52 million.