Energy & Power

Grundfos

Company Profile Analysis

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Grundfos - Energy & Power showcase

Year Founded & Workforce

1944-12-31

18,000 Employees

Industry

Energy & Power

Services

G

Grundfos Overview

Company Headquarters: Bjerringbro, Denmark

Founded: 1945

Workforce: Approximately 18,000

Company Working: Grundfos is a pump manufacturer, based in Denmark. It is majorly into the manufacturing of

pump units, circulator pumps (UP), submersible pumps (SP), and centrifugal pumps (CR). Grundfos also

manufactures electric motors for pumps and electric motors for separate merchandising. The firm supplies a broad

range of pump systems and solutions to sustain the industrial utilities that support industrial processes. Moreover,

the company ensures system integration for the pump, variable frequency drives and controls, pump control and

monitoring are combined into supporting systems. Through partnership with 83 companies Grundfos operates in 56

countries. The firm has established a strong supply chain management to offer products and services worldwide in

less time span. It has its sales office in Africa, the Americas, Asia, and Europe.

Strategy

The company is focusing on strengthening its presence in Asia-Pacific in the future. With the number of partnerships with the local players and suppliers it is expanding its geographic reach. The company focus is to continue to sell products by building on existing sales relationships and leveraging the power of company’s portfolio of products and services to attract new customers. As a result, the firm is involved in growth strategy by expanding its business in emerging economies.

Company Snapshot

$4,348M

Revenue

18,000

Employees

1944-12-31

Founded

Bjerringbro, Denmark

Headquarters

SWOT Analysis

Strengths

  • Wide presence
  • Strong industry experience in the domain of pump
  • High R&D investment
  • Strong global presence

Weaknesses

  • Less focus on innovative products
  • Dependence on Europe
  • Low presence in Middle East & Africa

Opportunities

  • Scope for mergers and acquisitions in emerging economies
  • Focus on reducing material costs

Threats

  • Changing government regulations
  • High competition
  • Fluctuation in foreign currency exchange rates

Key Developments

DateApproachDevelopment
September 2018collaborationDanish pump manufacturer Grundfos had a collaboration in Sri Lankan authorities to bring innovative water technologies in the country. The restructuring of regional operations is the Grundfos part of a strategy to drive growth across the Asia Pacific.
July 2018collaborationGrundfos and PUB, Singapore’s National Water Agency, had a 3-year joint collaborative partnership to develop efficient water technologies and solutions. This collaboration will also facilitate the applications of highly efficient pump solutions in water treatment
December 2014ContractGrundfos was awarded USD 1.02 million by Singapore government grant for wastewater treatment R&D capabilities. This helped in wastewater filtration technology that can significantly reduce capital investment and operational costs for wastewater treatment.
September 2018PartnershipGrundfos and Augury entered a partnership, in order to offer Grundfos’ current and future customers new, digitally enabled products. This partnership will accelerate and digitally enable its service offerings and make water & pump systems more reliable, sustainable and resilient in the future
November 2017ExpansionGrundfos expanded its presence in China by opening its sales office in Zhengzhou, China, which is expected to be an important strategic tread stone for extending its reach
April 2016ExpansionGrundfos expanded its presence in Africa with the opening of new facilities in Nairobi, Kenya, and in Cape Town, South Africa to strengthen its activities in East Africa

Product Offering

  • Grundfos
    • Submersible pumps
    • Submersible well pumps
    • Submersible pumps

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Grundfos as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Grundfos

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