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Watlow signs agreement to acquire EUROTHERM from Schneider Electric

2022-06-10 22:51:00 sinat_ forty-one million six hundred and ninety-eight thousand

Designer and manufacturer of complete industrial thermal system Watlow Happy to announce , The company has entered into an agreement , Will acquire from Schneider Electric, the global leader in digital transformation in energy management and automation Eurotherm. The terms of the deal were not disclosed .

Eurotherm Is the world's leading supplier , Provide temperature for the global industrial market 、 power 、 process control 、 Measurement and data management equipment 、 System 、 Software and services . The company is headquartered in Worthing, England , Its core production facilities are located in Lunzi, Poland , The company has about in the world 650 Employees .

Watlow CEO Rob Gilmore Express :“Watlow I'm glad to invest Eurotherm Innovative product portfolio and professional team .Eurotherm Control technology and Watlow Expertise in the field of thermal systems complements each other , Plus the same ‘ Engineer to engineer ’ Sales model and focus on the common market , Will make Watlow and Eurotherm To better serve their customers .Eurotherm Deep accumulation in the control industry and excellent reputation in innovation and quality , Left us a very deep impression , We look forward to welcoming Eurotherm Team join Watlow.”

Gilmore Continue :“Watlow At present, we are actively investing in , Including expanding our business in Europe and Asia , To ensure that we can support and respond to customers in need anytime, anywhere . This acquisition will expand our business in Europe , And expand our business capabilities in the field of electronics and control worldwide .”

Eurotherm The managing director Chris Ashworth Express :“ We are very happy to join Watlow The team .Watlow It is a well-known leading company in the industry , I believe that the complementary advantages of both sides will bring us new opportunities , And create more value for customers .”

About Watlow

Watlow Is a global leader in industrial technology and manufacturing , Committed to providing world-class engineering expertise and innovative thermal products and systems .

Watlow Our professional experience covers semiconductor processing 、 Environmental test chamber 、 Energy treatment 、 Diesel engine exhaust system 、 Medical and catering equipment and many other industries .

since 1922 Since its establishment in ,Watlow In product performance 、 Market experience 、 Great progress has been made in global development . The company has more than 1,100 Item patent , In the U.S. 、 Mexico 、 Europe and Asia have 13 Five factories and five advanced technology R & D centers , Have employees 4,200 name .Watlow Our network of sales and distribution offices covers the world 95 A country .

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