ITT Corporation acquired Canberra Pumps do Brasil, a company with 20,000 pumps serving customers in the chemical, pulp and paper, and general industry pump markets. Financial terms of the transaction were not disclosed.

The acquisition builds on ITT Corporation’s existing business in Brazil, where its products are used to meet the needs of the growing industrial base, as well as for water and wastewater treatment.

“Canberra, with its large installed base and strong reputation in the industrial process market, is a great complement to our existing footprint in Brazil, and will bolster our $3.4 billion global fluid technology portfolio,” said Gretchen McClain, President of ITT Fluid and Motion Control, in a prepared statement. “This acquisition is another example of ITT’s strategy to build upon our core businesses and use our strong financial position to expand in growing global economies like Brazil.”

Canberra operates a manufacturing facility in Salto, Sao Paulo State, employing 90 people. The company generated approximately BRL19 million (US $10 million) in revenues in 2009.

ITT has more than one million process pumps installed worldwide. Goulds, Flygt, Vogel, Lowara, Flowtronex and Sanitaire, are registered trademarks of ITT or its subsidiaries.