The global site of the UK's leading magazine for automation, motion engineering and power transmission
23 June, 2017

Product and Supplier Search

Facebook

Cressall tops resistor league after Eaton deal

01 May, 2000

Cressall tops resistor league after Eaton deal

The Halma Group, which owns Cressall Resistors, has bought Cutler Hammer`s resistor business from the Eaton Corporation for $7.7m.

Following the deal, Leicester-based Cressall will take over Cutler Hammer`s UK resistor business and its manufacturing facilities at Melton Constable, Norfolk, to form a business called Cressall Transit.

"This acquisition makes us the largest British power resistor manufacturer," claims Cressall director Peter Duncan. The Cutler Hammer operation makes power resistors for use in electrical controls and transportation applications, and is particularly strong in areas such as railways, cranes and steel mills.

Its sales last year were worth over $10m. "This acquisition brings important new technology and customer penetration in the areas of locomotive braking resistors and light transit braking resistors," says Halma chief executive Stephen O`Shea. The acquisition follows Halma`s earlier purchase of Mosebach.




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

    To see the latest Products & Services Directory, click here

     

Exhibition

Birmingham 2018The next Drives & Controls Exhibition and Conference will take place in Birmingham, UK, from 10-12 April, 2018. For more information on the event, visit the Show Web site

Poll

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

Newsletter
Newsletter

Events

Most Read Articles