ITT’s (ITT) Svanehoj business, a designer and manufacturer of specialized cryogenic pumps and aftermarket services for the marine sector, has acquired Kohler & Horter, or KOHO. KOHO, a small family-owned company based in Hagen, Germany, deals in compressors for a range of industries including shipbuilding. The acquisition expands Svanehoj’s capabilities beyond pumps and into compressors, which are critical components for handling hydrogen, hydrocarbons and other demanding gases. This acquisition positions ITT to capture further growth from the energy transition and fleet conversion to future fuels, including LNG, ammonia, hydrogen and CO2, where demand for integrated pump and compressor systems is accelerating. Svanehoj and KOHO have previously collaborated on shipbuilding projects. The acquisition of KOHO is Svanehoj’s second this year, following its January acquisition of European Pump Services B.V., now Svanehoj EPS, which specializes in pump integration and service for industrial, offshore and maritime sectors.
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