Bran+Luebbe goes to US
15 Jan 2000
Bran+Luebbe in its entirety has been sold to United Dominion Industries. This is the second acquisition Bran+Luebbe has seen in recent years. In 1993 it was sold by the Swedish company Tetra-Laval in a leveraged buy-out by Anglo-American investment bankers.
United Dominion, a Charlotte, North Carolina-based company, has an annual turnover of £1.2billion. Bran+Luebbe has world-wide annual sales of around £76million. About 20 per cent of Bran+Luebbe's turnover is in Germany, 40 per cent in Europe, 15 per cent in the US and 25 per cent in other countries.
Bran+Luebbe, based in Norderstedt near Hamburg, will join the flow technology segment of United Dominion, which represents nearly half of United Dominion's total sales and earnings and is the largest of four business areas.
United Dominion's recent strategy has been one of growth through acquisition of profitable companies with recognised products which are world leaders in their own field. Bran+Luebbe's business is based on high precision metering and analysing products. The company's wide range of metering pumps are used in all types of industrial processes which require liquids to be accurately metered and mixed.
