The global site of the UK's leading magazine for automation, motion engineering and power transmission
28 March, 2024

LinkedIn
Twitter
Twitter link

Parker adds SSD India to its drives fold

15 February, 2007

Parker Hannifin has bought SSD Drives India from the privately owned automation and technology group, Unidel India, for an undisclosed sum. The business, which designs, integrates and sells low-voltage AC, DC and servo drives, had sales last year worth around $7m.

The acquisition will be integrated into Parker`s automation group as SSD India, and is expected to add to earnings within the first full year of integration.

The Indian business, which has distributed Eurotherm/SSD products for 12 years, adopted the SSD name about a year ago. Parker SSD Drives` general manager Peter Vos describes it as "a systems integrator with a very high level of application knowledge and great experience in building our drives into sophisticated control systems".

Parker Hannifin acquired the global SSD Drives business — formerly Eurotherm Drives — from Compass Partners International in August 2005.




Magazine
  • To view a digital copy of the latest issue of Drives & Controls, click here.

    To visit the digital library of past issues, click here

    To subscribe to the magazine, click here

     

Poll

"Do you think that robots create or destroy jobs?"

Newsletter
Newsletter

Events

Most Read Articles