ABB has agreed a recommended all-cash offer of 503 pence per share for all of Rotork plc, implying an enterprise value of about $5.5 billion. The deal is expected to add about 3% to ABB's revenues and expand its automation offering.
Momentum Group acquired Actuated Solutions Limited (ASL), a UK manufacturer of valve actuation systems. Valve World reports the deal values ASL at £15 million.
Flowtech Fluidpower has become the first UK wholesale distributor for SMC Corporation (UK), giving customers access to a wide range of SMC standard fluid control and automation parts shipped from Flowtech's Skelmersdale facility.
Fluid power supplier Flowtech has agreed a £350,000 deal to acquire the assets of pneumatics and fluid products provider Thorite, including equipment, vehicles, stock and locations, and has paid off Thorite's £1.7m debt.
Fanuc UK worked with London-based Recycleye to deploy AI vision with Fanuc LR Mate robots for sorting dry mixed recyclables, reporting up to 12% higher sorting accuracy and up to 10% higher line output.
Transmission Dynamics, owned by JR Dynamics, announced a £4.2m expansion including a new Future Innovation Hub with office and manufacturing facilities in Cramlington, Northumberland, expected to bring 50 jobs.
Parker Hannifin has installed an automation cell at its Sheffield, UK site that makes cryogenic valves, costing around US$500,000. The cell combines a bar feeder, a DMG MORI CNC lathe and an ABB Flexloader robot to cut setup times.
UK retailer The White Company is installing Quadient's CVP Everest automated packaging system at its Northampton fulfilment centre in August 2020. The system cuts package volumes by up to 50% and cardboard use by 20%.
United Utilities awarded framework contracts to Technolog Ltd, HWM-Water Ltd and I2O Water Ltd for pressure management valve controllers and data systems during AMP7, with an initial requirement of 733 controllers. The award was reported on March 23, 2020.
Ross Controls announced it acquired Pneumatrol effective 31 July 2019, adding it to the ROSS group of companies.
Emerson has been awarded a five-year contract by BP to provide predictive maintenance and operational support for the Clair Ridge platform and Glen Lyon FPSO in the North Sea.
Suntory Beverage & Food is investing £13m in Lucozade Ribena Suntory to install a new high-speed bottle filler at its Coleford, Gloucestershire factory, producing 1.3 million bottles a day.
Servelec Controls was awarded several contracts via Costain to develop integrated control and safety systems for two new National Grid compressor stations at Huntingdon and Peterborough.
Invertek Drives is constructing a 5,500 square metre production facility at Welshpool, Powys, Wales, to raise drive output to more than 400,000 units per year, with completion due next year.