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Howden to Acquire Fancraft to Broaden Footprint in South Africa
Thursday 10 June 2021

Scotland-based air and gas handling solutions company Howden Group has agreed to acquire South Africa-based Fancraft Ltd., an aftermarket services provider focussed on turbomachinery repair and installation, to broaden footprint in South Africa, the company said.

Terms of the transaction were not disclosed.

The combination of Fancraft with Howden's South African business allows Howden to expand its aftermarket service capabilities, while providing Fancraft customers with access to Howden's network of technologies and global experts.

The acquisition will accelerate the growth of Howden's compressors and turbines aftermarket services business in Southern Africa.

The Fancraft acquisition agreement follows three other acquisitions made by Howden in 2021: Balcke-Dürr Rothemühle GmBH in Germany; Peter Brotherhood in the UK; and Maintenance Partners NV in Belgium.
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Date Published: 10/06/2021

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