KSB Group Overview
Company Headquarters: Germany
Founded: 1971
Workforce: ~15,455
Company Working:
KSB Group is one of the world’s leading suppliers of valves, pumps, and related support services. It operates through three business segments, which are pumps, valves, and service. The pumps segment covers single and multistage pumps, submersible pumps, and associated control and drive systems. The major fields of application for its products are water engineering, wastewater engineering, energy supply, mining, building services, and industries (manufacturing, chemical/petrochemical, transport). It sells its products through its subsidiaries in Europe, the Americas, the Middle East & Africa, and Asia. It manufactures its products in more than 15 countries and sold through the subsidiaries or agencies in more than 100 countries such as Brazil, China, India and the US.
KSB Pumps Limited, KSB Shanghai Pump Co., Ltd., KSB S.A.S., Gennevilliers (Paris) and KSB BRASIL LTDA. are some of the major subsidiaries of the company.
Strategy
The company intends to continue to increase its market share in the current business lines and related business lines through product development. It uses a disciplined approach for R&D, which generates attractive cash returns and expects to continue to expand the customer base, and geographic presence. It also focuses on entering into agreements with other prominent players for ensuring the latest technology within the products developed.
