KETO Pumps, the global mining pumps and systems company, has finalized the acquisition of three businesses in North America. These companies are RPM Services, Inc., (RPM) of Salt Lake City, Utah; Arizona Pump & Machine, Inc. (APM) of Tucson, Arizona; and Bakersfield Machine Company, Inc. (BMC) of Bakersfield, California.
These acquisitions are part of the dynamic expansion plans of KETO Pumps to become a leading business in the supply and service of pumps and related equipment into mining and associated industries.
“KETO have an excellent track record of reducing our customer’s cost of business in our core markets of Africa and Australia. We wanted to bring this same ethos to the market across the Americas and couldn’t have found better partners than RPM, BMC and APM.” said CEO of KETO Pumps, Chris Neil. “The mines as well as chemical and oil & gas plants of the SW states require suppliers who can react quickly. That’s only possible by being local to our customers and these three facilities allow us to offer the best service in the industry.”
Commenting on the acquisition, Ty Meyer, of BMC, remarked, “We’re excited to become part of the global KETO Pumps family. Their added products and range of impressive pump upgrades will enable us to offer our customers even more value.”
“Bakersfield Machine Company was established in 1914 and we’ve expanded out of California into Arizona and Utah in the last 10 years. Under KETO ownership we see lots of growth potential at our existing sites and potentially into new areas too.”