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.
[mappress] Source:Caterpillar ,September 2, 2011; Image:Pyroban