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New owner for the FAIST Anlagenbau Group – the sound insulation expert
Paguasca Holding AG of Zug, Switzerland, has acquired the FAIST Anlagenbau Group, based in Krumbach, Swabia, Germany, including all subsidiaries, effective December 15, 2020. The FAIST Anlagenbau Group has a global reputation as a leading expert in industrial sound insulation. The company has two primary business units, Power Systems and Acoustic Systems. The Power Systems division designs, manufactures and installs equipment in two primary areas including providing power stations and their components with sound insulation solutions. In addition, the Power Systems group provides Air Intake Systems, for the low-noise delivery of conditioned intake air for gas turbines and their soundproof housings. The “Acoustic Systems” business unit supplies industrial sound insulation…