- people on the move
Burke Porter Group acquires Italian company
Grand Rapids Township-based Burke Porter Group, a maker of "intelligent" machines, has acquired Florence, Italy-based Galileo TP Process Equipment.
BPG said last week terms of the deal were not disclosed.
BPG makes intelligent testing, instrumentation and assembly systems that blend custom software and advanced electrical and mechanical components to provide "critical decision-making feedback and physical action" on the production line or in the lab.
Galileo makes machines for manufacturers in the refrigeration and air conditioning industries. This includes production machines, test machines and machines built for outside the production line, such as those used in labs, after sales or for repairing lines.
David DeBoer, CEO of BPG, said the acquisition unites complementary strengths.
“Galileo’s expertise and technologies align with our own and allow us to continue enhancing and expanding our technology platform,” DeBoer said. “The synergies within our group make this addition a great fit to broaden our product portfolio with Galileo’s assembly and testing solutions.”
The acquisition agreement provides for management continuity over Galileo’s business activities with no change in day-to-day business or contacts.
Galileo’s President and CEO Giovanni Gonfiantini and Sales Director Piero Poggiali will remain with the company.
“Galileo has continued to grow and develop worldwide since the 1940s, and the opportunity to join the Burke Porter Group will support our growth in the U.S. and Asia,” Gonfiantini said. “We are eager to work closely with the BPG team to continue advancing our technologies and expanding our customer base globally.”
Burke Porter Group
Founded in 1953 and owned by Hong Kong-based China Everbright, BPG's customers are in the automotive, advanced manufacturing and life sciences industries in 37 locations in Europe, Asia and the Americas.
BPG’s portfolio includes a number of brands: Burke E. Porter Machinery Co., CIMAT, EPIC Equipment & Engineering, Galileo, Kleinknecht, Korvis, Lismar, Primatics, Titan, Universal Balancing, Van Hoecke Automation and XL Machine Co.
Galileo was founded in 1997 through the merger of Galileo Vacuum Tec and Tecnoplant.
Galileo has locations in Italy, Bulgaria, the U.S., Brazil and China.