• Supavac's unique technology for oil and gas, mining and process industries complements and broadens Tyco Flow Control's product portfolio
PRINCETON, NJ, Nov. 17, 2010 -- Tyco Flow Control, a unit of Tyco International, announced today that it acquired the assets of Supavac Pty Limited and Supavac Chile SA ("Supavac"), a manufacturer of air driven slurry management systems. The acquisition supplements Tyco Flow Control's breadth of products and services in major industries, adding a unique technology to the company's portfolio.
Supavac develops a comprehensive range of vacuum loading solids pumps, unique air transfer concepts and slurry dewatering systems. The company has designed a patented technology that can pump both wet and dry solids -- a capability few global pump manufacturers possess.
Supavac's products are used for a variety of applications in the oil and gas, industrial manufacturing, mining, water and commercial construction industries. Its customers include some of the world's largest oil and mining companies. Most recently, their equipment was used in the Gulf of Mexico oil spill clean-up efforts.
"The newly acquired technologies are an important addition to the solutions we offer to our customers," said Patrick Decker, president of Tyco Flow Control. "The expanded product suite will provide valuable capabilities to the mining, water and process industries as they access and deliver essential resources, even in the most demanding conditions."
"Tyco Flow Control's global footprint and long-standing relationships with customers will dramatically increase Supavac's growth potential," said Mark Krohn, managing director, Supavac. "In addition, the water and environmental management segments that require Supavac's technology are fast-growing; merging with Tyco Flow Control's resources and capital will help us better serve both existing and new customers."
Supavac is based in Caboolture, Australia, has operations in Morisset, Australia and Santiago, Chile, and retail channels in China. Currently, 70% of the company's business is performed outside of Australia, including the U.S., Africa, Canada, UAE, Europe, Asia and the UK.
About Tyco Flow Control
Tyco Flow Control, a unit of Tyco International Ltd. (NYSE: TYC), is a leading global manufacturer and marketer of valves and controls, water and environmental systems, and thermal control solutions to vital industries including oil and gas, power, water, mining, chemical, food & beverage, and construction. Tyco Flow Control has more than 15,000 employees in more than 300 locations globally. For more information on Tyco Flow Control, visit www.tycoflowcontrol.com
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