Rotork Acquire Ralph A. Hiller Company Inc.



Rotork plc, the world leading actuator manufacturer, is pleased to announce the acquisition of Ralph A. Hiller Company Inc. (Hiller) a designer and manufacturer of nuclear actuators and distributor of related products based in Pittsburgh, Pennsylvania, United States.

The total consideration for the acquisition of the entire issued share capital and facility of Hiller is $7.8 million payable in cash. Approximately $1.3 million of the consideration is deferred and payable over the next 19 months. Hiller’s financial year end accounts for the year ended 30 September 2009 shows turnover of US$14.6 million and profit before tax of US$421,000. Commenting on the acquisition, Peter France, Group Chief Executive of Rotork, said: “Hiller is a professionally managed designer and manufacturer of pneumatic and hydraulic nuclear actuators and a distributor of related products, established in 1950 with an excellent reputation for supplying quality products to its chosen markets.

“Hiller will sit within Rotork’s Fluid Systems division and provide the group with a range of additional complementary nuclear products which will be sold through existing sales channels and Rotork’s worldwide network of sales offices. This acquisition supports the group’s strategy of expanding its nuclear capability.”

Rotork plc, Tel: 01225 733200
Website: www.rotork.com

Published in Valve User Magazine Issue 13


Leengate Valves have agreed to sponsor the club's warm-up kit for the next two ...

Share on Twitter Share on Facebook Read full article

Instrumentation Products Division, Europe of Parker Hannifin, the global leader ...

Share on Twitter Share on Facebook Read full article

Having worked closely with the BVAA since the company’s launch in 2012, it ...

Share on Twitter Share on Facebook Read full article

Pentair Valves & Controls has designed an effective approach for chemical and ...

Share on Twitter Share on Facebook Read full article

With this year’s Maintec focussing on industry 4.0, leading industrial service ...

Share on Twitter Share on Facebook Read full article

Despite rigorous risk assessments and SIL analyses in accordance with ...

Share on Twitter Share on Facebook Read full article

Parker Hannifin, the global leader in motion and control technologies, now has ...

Share on Twitter Share on Facebook Read full article

Control Valve Solutions (CVS) Ltd has proven its commitment to environmental ...

Share on Twitter Share on Facebook Read full article