Ceramic Industry News

Schenck Process Acquires Clyde Process Solutions

March 28, 2011
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Schenck Process has announced shareholder approval of its acquisition of Clyde Process Solutions, a leading supplier of air filtration, pneumatic conveying and injection technologies.

“We are delighted to have received such overwhelming support from Clyde’s shareholders and look forward to warmly welcoming the company to the Schenck Process Group,” said Jochen Weyrauch, Ph.D., president and CEO of Schenck Process. With more than 500 new employees at locations in the U.S., Brazil, South Africa, the UK and China, Schenck Process now employs more than 2600 people around the world. This transaction represents an important milestone in our development, and we believe its merits are compelling for both Clyde and the Schenck Process Group. Our combined product offering strengthens our position to deliver energy-saving and environmental solutions to key target markets. The complementary nature of the geographic reach and product and systems offerings of the Schenck Process Group and Clyde are fundamental to the strategic rationale for the transaction.”

For more information, visit www.schenckprocess.com/en or www.ClydeProcessSolutions.com.

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