CRI Pumps to acquire European firm for sewage treatment business

However, CRI has not disclosed name of company and other financial details

After opening its sixth foreign subsidiary company in China, Coimbatore based CRI Pumps is set to acquire a company in sewage treatment processing sector in Europe.

The deal will be finalized within a month.

However, CRI has not disclosed name of the company and other financial details, this will help CRI Pumps to enter in European markets particularly in sewage treatment processing sector with all kind of technology support as well. CRI is the only Indian pump company which has opened 100 per cent wholly-owned subsidiary in China.

The company today launched the fully stainless steel series submersible pumps in Pune which used to sell only in export markets, in India. These pumpsets are capable for higher resistance for sand and applicable for domestic, industrial and agricultural sectors.

It can be replaced with the the existing submersible pumps.