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RUHRPUMPEN, Inc. and TIGERFLOW Systems, Inc. have entered into an investment agreement
Source: Ruhrpumpen GmbH
Ruhrpumpen has become the majority shareholder in TIGERFLOW Systems, LLC. TIGERFLOW Systems, LLC will continue operations at the Dallas, TX manufacturing location and will operate as an independent subsidiary.
Marvin F. Yoder, Jr. and Monroe P. Guest will continue as President and VP/CFO respectively.
RUHRPUMPEN is a global leader in pumping technology with it’s own: foundry, machine shop, over 30 worldwide sales offices and service centers, 8 pumping manufacturing plants andworldwide sales over $300,000,000 (US)
TIGERFLOW is an industry leader of packaged pumping systems for: domestic water, fire, HVAC, industrial, heat transfer, municipal, landscape irrigation and custom controls.
This joint venture agreement will give TIGERFLOW access to a worldwide distribution network and allow RUHRPUMPEN to increase its competitiveness in the standard and custom pumping packages. This combined experience from Ruhrpumpen and IGERFLOW gives Ruhrpumpen all the confidence that it will show a quick and solid
growth in the near future in this specific market.
All parties are extremely excited about the future growth and expansion of this venture.
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