On May 20, Kuriyama Holdings acquired the Tipsa Group of companies. Tipsa Group has manufacturing operations in Spain and Argentina with sales, marketing and warehousing operations in the United States and Australia. This acquisition is the first for the Kuriyama Group to establish a European and South American presence.
Tipsa manufactures and distributes a wide range of hoses for multiple applications, as well as an extensive line of other fire fighting equipment and related accessories for coupling and handling hoses. In addition, the company supplies components for fluid transport and distribution in many applications, especially in industry, water wells, irrigation, sludge distribution, emergency pumping of large volumes of water. The technology advantage that this group provides expands into markets that the Kuriyama group has not participated in previously, said the company.