Caterpillar acquires Pyroban Group Ltd

Written by Molokini
Written on Wednesday, 07 September 2011

Pyroban

Caterpillar Inc. acquired 100% interest in the Pyroban Group Ltd. on August 31, 2011. Pyroban Group is a leading provider of hazardous area safety solutions to the oil and gas, industrial material handling, mining and marine markets. Headquartered in Shoreham, UK, Pyroban Group has additional locations in Europe, Singapore and China.

The purchase allows Caterpillar Global Petroleum to offer customers an enhanced range of Cat brand fully-integrated power solutions and grow its presence in the global hazardous area protection industry. Pyroban is a noted provider of specific explosion protection safety solutions, including engineered kits and components, designed to modify engines, engine systems, lift trucks, telehandlers and other material handling equipment, and mining equipment to meet safety certifications. In the current marketplace, Cat petroleum engines are often modified and packaged with Pyroban solutions to operate in hazardous areas and help ensure the safety of our customers' worksites.

The global Cat Dealer network will bring these industry leading solutions and in service support to customers around the world. This will allow Caterpillar to support its customers’ efforts to increase the safety of their operations offshore, onshore and underground. In particular, many solutions will be available in the Americas for the first time.

In addition to the Cat brand solutions, Pyroban Group Ltd. will continue to offer its wide range of products and services under its existing brands in Europe and Asia supplying their global client base. Pyroban provides consultancy, engineered components, conversions, kits and solutions applied to a broad range of OEM branded equipment to integrators and to end-users in a number of key markets.

The acquisition is part of Caterpillar’s strategy to continually increase its value to customers by providing complete power solutions to our customers wherever they may make progress possible across the globe.

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About Caterpillar:

For more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2010 sales and revenues of $42.588 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at: http://www.caterpillar.com.

About Caterpillar Global Petroleum

Caterpillar Global Petroleum, with headquarters in Houston, Texas, United States, groups all the sales and service activities for Cat petroleum engines within Caterpillar Inc. Since the 1930s, Caterpillar has manufactured engines for the oilfield and today provides premier power solutions with outputs from 41.6 to 8,180 bhp in main engine and 190 to 10,475 ekW in diesel and gas generator sets. The sales and service network includes more than 2,100 dealer locations world-wide dedicated to support customers in the drilling, production, well service and gas compression segments wherever they are. More information is available at: http://catoilandgasinfo.com and http://catoilandgas.cat.com/pr