Acquisition of global compressor business from The Japan Steel Works completed

Burckhardt Compression completed the acquisition of the global compressor business from The Japan Steel Works Ltd., abbreviated JSW, as announced on March 4, 2020. JSW is a highly diversified manufacturer of steel, power-plant equipment and industrial machinery.

With the acquisition of the global compressor business from The Japan Steel Works Burckhardt Compression is strengthening its market presence in Japan. The Japan Steel Works Ltd. whose headquarters are located in Tokyo generated in 2018 overall sales of CHF 1.9 billion. Approximately 1-2% of the overall sales is estimated to be generated in the compressor business. JSW is listed on the Japanese stock exchange. Burckhardt Compression (Japan) Ltd, headquartered in Yokohama, will assume responsibility for the local customer relationship management.

Both parties agreed not to disclose any details of the acquisition price.

Sponsor:

Burckhardt Compression

News Category:

Company News

Other News Items

Burckhardt Compression strengthens its presence in Thailand

After four years of successful cooperation as authorized service partner of Burckhardt Compression, SPAN Maintenance and Service Co. Ltd. in Thailand will be incorporated ...

15-02-2023
Burckhardt Compression order intake passed one billion Swiss francs

Since the start of the fiscal year on April 1st 2022, Burckhardt Compression's order intake passed one billion Swiss francs, a new milestone in the company's history. ...

20-12-2022
Optimized energy efficiency and fewer emissions after compressor revamp

Our customer, a global chemicals company, operates two vertical Process Gas Compressors in their petrochemical plant. High leakages, reduced gas flow, temperature issues ...

24-11-2022
LIFTE H2 and Burckhardt announce collaboration for Hydrogen projects

The hydrogen infrastructure development company LIFTE H2, head quartered in the US with a German subsidiary, and compressor manufacturer Burckhardt Compression, head ...

21-07-2022
Shenyang Yuanda Compressor receive order for green hydrogen Project

Shenyang Yuanda Compressor Co. Ltd., a fully owned subsidiary of Burckhardt Compression, has signed a contract with Sinopec Guangzhou Engineering Co. to supply three ...

09-05-2022
Burckhardt Compression to supply compressors for renewable diesel production at Preem refinery

Burckhardt Compression has been selected by Preem Refinery as a compressor supplier for their Refinery in Lysekil, Sweden. The order includes two fully packaged API 618 ...

06-05-2022
Burckhardt Compression begin construction of a hydrogen test facility in Winterthur

Today Burckhardt Compression in Winterthur laid the groundbreaking for the construction of a hydrogen test facility. It will serve the further development of sealing ...

05-04-2022
BurckÂhardt ComÂpresÂsiÂon and KB DelÂta enÂter into straÂteÂgic partÂnership for comÂpresÂsor valÂve parts

Burckhardt Compression and KB Delta have signed a global distribution agreement in December 2021, effective January 1, 2022. Burckhardt Compression acts as worldwide ...

17-01-2022
Burckhardt Compression signs contract to equip a mega-plant with three Hyper Compressors in China

Burckhardt Compression has signed a contract with Jiangsu Hongjing New Material Company Ltd. to equip three production lines for EVA (ethylene-vinyl acetate copolymers) ...

03-12-2021
Burckhardt Compression acquires Mark van Schaick BV

Burckhardt Compression has signed on December 2, 2021 an agreement to acquire 100% of the shares in Mark van Schaick BV, based in Rotterdam, Netherlands. The company ...

02-12-2021