Press releases

KSB AG, the pump and valve manufacturer based in Frankenthal, Germany, will acquire Kagema Industrieausrüstungen GmbH at the beginning of June. Kagema, based in Pattensen near Hanover, is a leading supplier of diesel pump units for fire protection systems on the German market. They currently employ 70 people.

As every year, KSB Aktiengesellschaft is offering a wide variety of technical seminars. Under the title  'Energy Efficiency in Building Services Applications’ the pump manufacturer, based in Frankenthal, Germany, provides in-depth technical knowledge on the energy-efficient use of pumps and valves to consultants and contractors from the heating, ventilation and air-conditioning as well as plumbing sectors.

The “2009 Green Excellence Environmental Activism Award”, conferred annually for centrifugal pumps by the global consultancy company Frost & Sullivan, was received yesterday by KSB in London.

On 15 May, Toshihiko Kai, Chairman and CEO of Nikkiso Co., and Jan Stoop, member of the Board of Management of KSB AG, will inaugurate the new site of the German-Japanese joint venture Nikkiso-KSB GmbH.

At its financial press conference in Frankenthal, pumps and valves manufacturer KSB reported record earnings (EBT) of € 200.1 million (previous year: € 128.7 million) on 28 April. Dr. Wolfgang Schmitt, Chairman of the Board of Management, outlined that both the sales revenue of € 1,991.7 million (previous year: € 1,770.9 million) and the 10.0 percent return on sales (previous year: 7.3 percent) far exceeded the expectations voiced at the beginning of the financial year.

KSB adjusts to new market situation