Caterpillar Obtains 100% Interest In Pyroban Group
Caterpillar Inc. acquired 100% interest in the Pyroban Group Ltd. on August 31. Pyroban Group is a provider of hazardous area safety products to the oil and gas, industrial material handling, mining and marine markets. Headquartered in Shoreham, U.K., Pyroban Group has additional locations in Europe, Singapore and China.
The purchase allows Caterpillar Global Petroleum to offer customers a range of Cat brand fully-integrated power products and grow its presence in the global hazardous area protection industry. Pyroban is also a provider of specific explosion protection safety products, 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.
The global Cat Dealer network will bring these products and in service support to customers around the world, meaning several products will be available in the Americas for the first time. In addition to the Cat brand solutions, Pyroban Group will continue to offer its range of products and services under its existing brands in Europe and Asia.
For more information: www.caterpillar.com