Aspen Pumps Group Has Acquired Three Manufacturing Firms
The company completed the acquisition of Henry Group Industries, RubberGreen, and Forming Tubing to grow its operations.
Updated on Oct. 5, 2026 in Manufacturing
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Aspen Pumps Group has officially completed the acquisition of Henry Group Industries, RubberGreen, and Forming Tubing. These strategic additions are intended to deepen the company's refrigeration expertise while expanding its global manufacturing reach.
Why it matters
By integrating these three distinct entities, Aspen Pumps Group seeks to bolster its technical capabilities in refrigeration and extend its physical footprint across international markets. The move reflects a broader effort to consolidate resources and streamline production within the cooling industry.
The acquisition includes Henry Group Industries, founded in 1914, and RubberGreen, which was established in 2009 and operates in Belgium. Forming Tubing, based in Brazil, has been active since 1993, adding significant legacy manufacturing infrastructure to the buyer.
The players
Aspen Pumps Group
This is a global company that specializes in manufacturing components for the refrigeration and air conditioning industries.
Henry Group Industries
Established in 1914, this firm is a long-standing manufacturer of refrigeration components that moved its headquarters to Hong Kong in 2005.
RubberGreen
This organization operates a research and production facility based in Frameries, Belgium.
Forming Tubing
This manufacturing entity is headquartered in Sao Jose dos Campos, Brazil, and has been in operation since 1993.
The details
Aspen Pumps announced the completion of these acquisitions via a LinkedIn post, signaling a unified expansion strategy. The deal brings together operations ranging from the Hong Kong-based Henry Group to the specialized production facilities in Frameries, Belgium, and Sao Jose dos Campos, Brazil.
Timeline
Henry Group Industries was established in the USA in 1914.
Forming Tubing was established in 1993.
Henry Group moved its headquarters to Hong Kong in 2005.
RubberGreen was established in 2009.
Aspen Pumps announced the acquisition completion in October 2026.
Market Landscape
This acquisition follows the broader industry trend of consolidation within the global HVAC and refrigeration component market. By purchasing established players, Aspen Pumps is effectively positioning itself against competitors by rapidly scaling its technical expertise and regional manufacturing presence.
For customers and industry partners, this integration may lead to more streamlined product availability and expanded support for refrigeration components. Shoppers and businesses should monitor whether these changes result in adjusted service levels or updated catalog offerings in their respective regions.
The takeaway
The acquisition of long-established firms like Henry Group and Forming Tubing allows Aspen Pumps to integrate decades of manufacturing history into its current operations. Readers should view this as a significant shift in the refrigeration supply chain that prioritizes global reach over individual regional autonomy.
Further reading
For more on industry consolidation, see the latest updates in Manufacturing.
Source note: This article includes information reported by Cooling Post.
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