The company transferred the operative business of KSB Pumps (SA) (Pty) Ltd. to a newly established subsidiary of that company, KSB Pumps and Valves (Pty) Ltd, based in Germiston, South Africa. KSB holds 74.9% of this subsidiary's share capital. 25.1% of the new company's shares are ...
Having acquired its former joint venture partner's 50% share in KSB Pumps (SA) (Pty) Ltd in January, KSB has now transferred the operative business of KSB Pumps (SA) (Pty) Ltd to a newly established subsidiary of that company, Germiston-based KSB Pumps and Valves (Pty) Ltd (see, ...