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sexta-feira, 15 de julho de 2011

Pall Corp. Announces Expansion Plans in Brazil


Signs Definitive Agreement to Acquire Engefiltro, its Brazilian Distributor

PORT WASHINGTON, N.Y., Jul 15, 2011 (BUSINESS WIRE) -- Pall Corporation PLL +0.18% , a global leader in filtration, separation and purification, announced today that it has signed a definitive agreement to acquire its long-time Brazilian distribution partner, Engefiltro. The acquisition will strengthen Pall's capabilities to support customers in the fast-growing Latin American market. The transaction is expected to be completed by the end of the month. Terms of the deal were not disclosed.

Headquartered in the state of Sao Paulo, Engefiltro's customers represent a broad spectrum of the national economy, including the mining, oil and gas, chemical and petrochemical, power generation, food processing, and pharmaceutical industries. Engefiltro, which is certified to ISO 9001 quality standards, also has sophisticated filtration systems engineering capabilities. This expertise increases Pall's regional capabilities in the design, construction and servicing of sophisticated fluid management systems for customers in the life sciences and industrial markets throughout Latin America.

"Brazil is already the world's seventh largest economy and among the fastest growing. Its current size, market diversity and growth plans demand a local Pall presence. We are delighted to welcome Engefiltro's employees to the Pall family and will do everything we can to further enhance their ability to serve customers and grow the business," said Eric Krasnoff, CEO and president.

Felix Diaz, president, Pall Latin America, said, "The Engefiltro organization has been very successful positioning Pall technologies, products and services into the Brazilian market for more than 20 years. Engefiltro's sales organization is world-class and their operations and capabilities are highly complementary to Pall's. The combination of our organizations increases our opportunities to deliver even greater value to customers."

Customers can continue to work with their normal contacts at Engefiltro at (11) 4053-2670 or at http://www.engefiltro.com.br/ .

About Pall Corporation

Pall Corporation PLL +0.18% is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies. The Company's engineered products enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.4 billion for fiscal 2010, is an S&P 500 company with more than 10,000 employees serving customers worldwide. To see how Pall is helping enable a greener, safer, more sustainable future, follow us on Twitter @PallCorporation or visit www.pall.com/green .

SOURCE: Pall Corporation







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