en.Wedoany.com Reported - Burckhardt Compression has announced the acquisition of Italy's Fornovo Gas to expand its business footprint in the biogas and compressed natural gas sectors. Fornovo Gas is one of Europe's leading suppliers of gas compression solutions for biogas and compressed natural gas (CNG). Founded in 1969, the company specializes in medium-sized reciprocating compressors and holds a solid position in the European market. The company has approximately 120 employees and generates sales in the tens of millions of Swiss francs, with profitability comparable to that of Burckhardt Compression.
This acquisition strengthens Burckhardt's competitive strength in the fast-growing biogas and CNG markets. Fornovo Gas brings deep technical expertise, a product line complementary to Burckhardt's, and long-standing customer relationships. Fabrice Billard, CEO of Burckhardt Compression, stated: "This acquisition complements the existing product portfolio and expands our coverage in the European biogas application sector. At the same time, it provides a global platform for developing the medium-sized configurable compressor business. Combining Fornovo's capabilities with Burckhardt's global presence will strengthen our position in applications supporting global energy security and the energy transition."
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