Husqvarna Group’s Construction Division has signed an agreement to acquire Pullman Ermator AB, a Swedish manufacturer of dust and slurry management systems. The transaction is expected to be finalized around the middle of this month.
“The acquisition of the fast-growing and highly profitable market leader Pullman Ermator is an excellent strategic fit to Husqvarna Group’s Construction Division,” said Kai Warn, president and CEO of the Husqvarna Group. “It shall be seen in the perspective of our strategic intent to grow the Construction Division’s share of the Group.”
“By integrating Pullman Ermator’s market-leading dust-and-slurry management solutions into Husqvarna’s concrete cutting, drilling and grinding systems, we can provide even more efficient total solutions for our customers,” said Henric Andersson, president of Husqvarna Construction Division. “Growth is expected from utilizing Husqvarna’s extensive geographical reach and dense distribution network. The acquisition also represents an important step in our strategy aiming to continue to increase our market share in the attractive surface preparation market.”
Pullman Ermator’s dust and slurry management includes dust-extractor systems, dry/wet vacuums, and air scrubbers for the light construction industry. The company is based in Smedjebacken, Sweden, with a U.S. fully owned subsidiary Ermator Inc. in Tampa, Fla.
“To utilize the strengths of both brands we will apply a multi-branding strategy,” Andersson added. “Combined we will become an even stronger actor.”
Pullman Ermator posted about SEK 300 million (about U.S. $30 million) in sales.