Rotork – the Bath-based manufacturer of electric, pneumatic & hydraulic valve actuators and control systems has announced the $76m (£48m) acquisition of US rival Fairchild Industrial Products.
Fairchild, based in North Carolina, manufactures a range of regulators, boosters, relays and transducers used in a variety of applications requiring precision control of pneumatic devices and motion control equipment. As well as oil and gas applications Fairchild products are also used in pharmaceutical and biomedical equipment, tyre manufacturing machinery, robotics, food processing and chemical manufacturing applications. It has offices in China and India as well as in Mexico, Russia and Brazil.
Rotork said the acquisition of Fairchild was in line with a strategy of strengthening its presence in the global flow control market. Fairchild will be the first company in a newly constituted Rotork Instruments division.
Commenting on the acquisition, Rotork chief executive Peter France, said the acquisition would broaden the scope of the Group’s activities.
About Ken Hurst
Ken Hurst began his career as a journalist in London over 30 years ago, working on a range of publications before moving on to weekly newspaper production in the newly-independent Zambia of the 1970s.
He returned to the UK where his work included spells on newspapers and magazines, before moving to head up Norwich Union’s corporate affairs division.
In the 1990s he moved on to freelance, co-own and publish the B2B audio magazine Sound and front the BBC radio Yesterday’s Papers programme. There followed six years as Business Editor at Britain’s biggest selling regional daily newspaper, The Eastern Daily Press, where he led an award-winning team and for whom he still writes a weekly socio/political comment column. Subsequently, he was Group Editorial Director at CBM, responsible for its UK and US magazine output – including The Manufacturer magazine – research-driven industry reports and live events content. Currently he is Contributing Editor at Works Management magazine publisher Findlay Media and Chairman of the consumer publishing house TNT Multimedia Ltd.
He is a Fellow of the Royal Society of Arts and of the British Association of Communicators in Business.
Rotork – the Bath-based manufacturer of electric, pneumatic & hydraulic valve actuators and control systems has announced the $76m (£48m) acquisition of US rival Fairchild Industrial Products.
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