Robbins & Myers Expands Global Presence

Dayton, Ohio (PROTEXT) - Robbins & Myers, Inc. (NYSE: RBN)announced the completion of three transactions which will expandthe Company's Asian and Latin American presence. On July 9, 1999, the shareholders of GMM Pfaudler, the Indianjoint venture partner of Robbins & Myers' wholly owned subsidiaryPfaudler, Inc., authorized the issuance of preferential shares toPfaudler, Inc. thus increasing the Company's ownership from 40%to 51%. The joint venture relationship between Pfaudler, Inc. andGMM Pfaudler has been in place since 1987. The investment toacquire controlling interest was approximately $4.0 million,which will support growth of the Indian venture. GMM Pfaudler isthe Company's largest producer of glass-lined reactor vesselswith a 70% share of the market in India. Robbins & Myers acquired controlling interest (51%) of itsindustrial mixing equipment licensee in Mexico, Chemineer deMexico, for approximately $1.6 million. The remaining 49% will beacquired over the next three years. Chemineer de Mexico isinvolved in the design, manufacture, and marketing of industrialmixing equipment and is one of the leading suppliers in theMexican market. Robbins & Myers also formed an alliance with its progressingcavity pump distributors in Mexico. The Company will own 51% ofthe new joint venture, Moyno de Mexico, which will focus on thedistribution of Moyno industrial products in Latin America andrequires only a minimal investment in working capital. Gerald L. Connelly, President and Chief Executive Officer, ofRobbins & Myers, Inc., said, "We are excited about all threeopportunities. These transactions represent an excellentstrategic and geographic fit with our existing product platforms.Each allows the Company to enhance its global presence."Connelly continued, "Controlling interest in GMM Pfaudler willposition Pfaudler Reactor Systems to use this low cost, highquality manufacturing facility as an exporter to other geographicmarkets and will allow us to expand sales of our other productplatforms in India. Both Chemineer de Mexico and Moyno de Mexicoare natural extensions and will be used as a base to expand salesin the Latin American region. Additionally, long-term costbenefits will occur as we rationalize operations in Mexico." Robbins & Myers, Inc. is an international manufacturer andmarketer of superior quality fluid management products andsystems serving the process industries including: specialtychemicals, pharmaceuticals, oil and gas exploration, productionand pipeline, water treatment, food and beverage, pulp and paper,and mining. Headquartered in Dayton, Ohio, the Company hasfacilities in the United States, Canada, Europe, Brazil, Mexico,Singapore and joint ventures in China, India, and Taiwan. The Company's common stock trades on the New York StockExchange under the symbol RBN. ots Original Text Service:Robbins & Myers, Inc. Internet: http://www.newsaktuell.deContact: Hugh E. Becker, Vice President Investor Relations ofRobbins & Myers, Inc. (USA) 937-225-3335 Web site:http://www.robn.com

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