PG and Calder Extend Relationship with Hammelmann

Maritime Activity Reports, Inc.

December 10, 2015

PG Flow Solutions and the recently acquired U.K. subsidiary Calder Ltd. are suppliers of reciprocating pumps to the professional market, mainly focused on the oil and gas sector offshore, since more than 30 years.

Calder’s merger into PG in October 2015 has created a "Pump-Power-House" with combined revenues of close to NOK 1 billion in 2014, and with around 100 engineers in their joint 210 crew strong organizations at three locations in Norway, two in the U.K., and one in Saudi Arabia. Both companies have been operating since 1981/82 with few overlaps in their portfolios.

As an element in the transaction, a cooperation with high pressure, and ultra high pressure, plunger pumps manufacturer Hammelmann in Oelde / Germany has also been secured, and the three companies expect to develop business as these entities join forces in the market place.
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