30-07-2020
The NEUMAN & ESSER GROUP acquired the NORWALK Compressor Company
The family-owned NEUMAN & ESSER GROUP (NEA) with its global headquarters in Übach-Palenberg, Germany acquired NORWALK Compressor Company, based in Stratford, Connecticut, USA with all of its manufacturing assets, products, trademarks and the workforce.
NORWALK Compressor Company, founded in 1864, has been under family ownership since 1985. It has a long history as a compressor manufacturer with its well-known “Century”, “Slimline” and “Charger” series for Helium, H2, inert and explosive gas services within the industrial gases and chemicals industries. It has also left its mark in niche applications such as acetylene, HCl and NOx compression.
“NORWALK’s manufacturing capabilities and product lines ideally complements NEA GROUP’s global footprint and product portfolio. With NORWALK’s location, the NEA GROUP’s Service organization, NEAC Compressor Service USA, Inc. will be able to leverage and grow a Northeastern hub and Repair Coordination Center to support new and existing customers of NEA and NORWALK in North America. Additionally, with NORWALK’s large installation base located in Asia and South America, our worldwide NEAC Compressor Service organizations will be in prime position to improve local customer support.”, stated by Alexander Peters, Managing Partner of NEUMAN & ESSER GROUP. Through the integration process, NEA GROUP will continue to fully support the NORWALK compressor portfolio with new sales and existing installations and maintain its operational footprint in Connecticut.
NEUMAN & ESSER GROUP founded its North American headquarters in 1992 in Houston, Texas as part of its regional growth strategy. In 2008, NEUMAN & ESSER moved to its premises in Katy, Texas where it built and established further Field Service, Repair Coordination Center, Parts Warehousing and Local Project Engineering and Management. “We are happy to have the opportunity to acquire a family-owned, operated business, such as NORWALK Compressor Company. This aligns with our core values of long-term strategic decisions, and agile solutions, making that is the DNA of our company”, stated Stefanie Peters, Managing Partner of NEUMAN & ESSER GROUP.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024
-
Radix partners with Cleopatra Enterprise to enhance project controls and turnaround management
Radix, a global technology solutions company, announced the signing of a partnership agreement with Cleopatra Enterprise, a leading project cost management software company. ...
16-04-2024
-
Rhône Energies in talks to buy Fos-sur-Mer refinery
Rhône Energies, a consortium of Entara LLC and Trafigura Pte Ltd, has entered into exclusive negotiations to acquire the Fos-sur-Mer refinery and the Toulouse and Villette ...
14-04-2024
-
Cenovus Energy to invest in Toledo and Lima refineries
Canada's Cenovus Energy said it will spend more than $1.5 billion on its 160,000 b/d Toledo and 185,000 b/d Lima refineries in Ohio over the next five years and expand ...
11-04-2024
-
Kent plays integral role in Fawley petrochemical complex
Kent, a leading global engineering and project management company, is proud to announce its significant involvement in ExxonMobil's £800m investment in its Fawley Petrochemical ...
11-04-2024