CEO: Grundfos ready to buy up a major rival

Pump manufacturing group Grundfos is hunting for acquisitions, and the CEO will not rule out a major competitor as a potential candidate.

Mads Nipper, CEO of Grundfos.

Acquisitions are a high point on the agenda for industry giant Grundfos after a number of years focused on tightening and adjusting the rules. CEO Mads Nipper has now revealed to Finans that there is so much extra money, that the acquisition of a major competitor could be on the cards.

If we think it's right, we will be able to make very big acquisitions."

Mads Nipper, Grundfos CEO

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