The global site of the UK's leading magazine for automation, motion engineering and power transmission
9 October, 2019

Product and Supplier Search

Facebook

Will Heidenhain take over servo maker SEM?

01 January, 2000

Will Heidenhain take over servo maker SEM?

 

A company sharing directors with measurement and controls supplier Heidenhain (GB) has bought the UK servomotor manufacturer SEM from Bullough for £8m.

SEMís new owner, Westec Holdings, was formed last November with an authorised share capital of £10m, and includes Heidenhainís commercial director Michael Laming as a director.

As Drives & Controls went to press, Heidenhain was not available for comment. Bulloughís sale of SEM is part of a plan to divest its specialist engineering businesses to focus on heating and workplace products.

It has also sold its torque tool manufacturer MMH Engineering to a German company for £4.55m and, as we went to press, was still looking for a buyer for Morley, which makes motors for mines. In the six months to the end of April 1999, SEM recorded a pretax profit of £333,000 on a turnover of £4.675m.




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 2020The next Drives & Controls Exhibition and Conference will take place in Birmingham, UK, from 21-23 April, 2020. 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