Inflexion is pleased to announce that it has agreed to acquire Aspen Pumps, a market leading manufacturer of specialist pumps, from 3i Group. This will be Inflexion’s second period of ownership of Aspen, following a highly successful partnership between 2007 and 2015, during which EBITDA tripled.

Aspen is the global leader in the design, manufacture and distribution of mini pumps that remove condensate water from air conditioning and refrigeration systems. The company has offices and warehousing in the UK, France, Germany, USA and Australia. The group currently employs over 200 people and exports its products to over 100 countries.

Under Inflexion’s prior ownership, Aspen saw significant organic and acquisitive growth. Aspen increased its international sales distribution from 50 to 100 countries and, with the support of Inflexion’s in-country international teams, the company launched in China and India where pump sales achieved in excess of a fourfold increase.