Pump manufacturer increases footprint with acquisition

Heavy-duty slurry pump manufacturer Schurco Slurry announced in the last quarter of 2021 that it had acquired local pump and part manufacturer Keto Pumps South Africa to broaden its footprint in serving the global mining industry as well as other slurry pump users around the world. 

The purchase of Keto Pumps, based near Johannesburg in South Africa, further increases Schurco Slurry’s share in the global slurry pumping market.

“The addition of Keto Pumps’ experience in the African mining markets combined with their intellectual property assets and resources will provide our global clients with more material options,” says Schurco Slurry president and owner Nicholas Schur.

Further benefits include a wider range of capabilities, and better service and support for Schurco Slurry products across the board, he enthused.

He adds that the acquisition is also expected to streamline Schurco’s global operations, and allow it to better serve customers across continental Africa, Europe, and the Middle East.

Schurco Slurry will leverage Keto Pumps’ existing intellectual property to further expand its product line, as well as ensure collaboration in engineering services between American and South African staff.

Additionally, this acquisition will enable Schurco and Keto offer real-time product support to customers across the globe with trans-hemispherical customer service centres standing by 24/7.

The integration of both companies will take place over the next twelve to eighteen months as Schurco Slurry identifies areas of synergy for the combined companies’ efforts.

“Our clients will continue to receive the same high quality slurry pumps and parts, which they have come to rely upon, and we plan to offer even greater product service and support as the merging of our companies progresses,” he points out.

Keto Pumps South Africa, which will continue to operate under that name for the present, is now a wholly owned subsidiary of Schurco Slurry.

“We felt this acquisition was essential to our corporate growth strategy, and our strategic goals of diversifying the supply chain and expanding Schurco Slurry market penetration throughout the globe,” he concludes.