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Comment Business & Economics

Hoerbiger acquires Gala compressor business

By Gerald Ondrey |

Effective June 1, the Hoerbiger Group (Zug, Switzerland, www.hoerbiger.com) acquired the compressor business of Gala Precision Technology Private Ltd. (Thane, India), as part of a share deal. Gala Precision Technology Private Ltd., India is a leading manufacturer of valves and systems for reciprocating compressors in hermetic and semi-hermetic applications. The company has an extraordinarily strong representation in the Indian market. In addition, Gala has excellent business relations to Europe, South America, Asia, and, in particular, to China. The company has approximately 300 employees. Hoerbiger will continue to operate the compressor business and the production site of Gala in Thane, India, as an independent entity in the Strategic Business Unit Compression Technology under the direction of the Business Division Serial Compressors. The technology, the development know-how, and the global strategic positioning of Hoerbiger Compression Technology as well as the strengths of Gala as a quality and cost-conscious manufacturer ideally complement each other. Hoerbiger and Gala are already worldwide leading suppliers to the compressor OEM industry for hermetic, semi-hermetic and open compressor valve applications. This also covers valve…
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