Grundfos CEO hunting for acquisitions, but not "racing to spend billions"
Mads Nipper knows that Grundfos needs to make acquisitions to keep up with the technological development. But Grundfos remains remarkably cautious when it comes to acquiring businesses.
BY ANDERS LEONHARD
Even though he, like most Danes, is an inherently modest person, Grundfos CEO Mads Nipper cannot help but exude excitement over 2017, a year in which the firm exceeded all of its targets.
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