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ITT Looks to Grow Australian Mining, Oil Revenues with Acquisition

ITT Looks to Grow Australian Mining, Oil Revenues with Acquisition - top government contractors - best government contracting event
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ITT Corp. has signed an agreement to acquire Blakers Pump Engineers, the long-time distributor of ITT’s Gould Pumps brand in Australia, for an undisclosed amount. ITT expects the deal to close before the end of the year and to strengthen its presence in the Australian mining, oil and gas industries.

“This acquisition will further strengthen our strategy of expanding our global presence and allow us to be closer to our customers in the oil and gas and mining markets,“ said Robert Pagano Jr., president of ITT's industrial process business unit. “Blakers has been in the business for more than 30 years and has built a strong reputation in Australia as a supplier and service provider of quality process and industrial pumping equipment and solutions.“

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