KSB sells French service company
On 9 January 2020, pump and valve manufacturer KSB sold SPI Energie S.A.S., a subsidiary of the KSB Group’s French member KSB S.A.S. The La Ravoire-based company mainly provides services for compressed air systems in industry. With a workforce of 40, KSB SPI Energie generated a sales revenue of 10 million euros in 2019.
The family-run company Duffau specialising in process engineering services is taking over SPI Energie with all its branches and employees.
“With the sale of SPI Energie, we are now devoting more attention to the service business in the field of pumps and valves,” explains Boris Lombard, Managing Director of KSB S.A.S.
Selling SPI Energie S.A.S. is part of an initiative intended to strengthen KSB’s market position. KSB Group aims to concentrate on selected market segments to achieve sustainable profitable growth.