U.K.-based Eurotherm plc Acquiring Action Instruments

Action Instruments Inc. announced Feb. 6 that it is being acquired by U.K.-based Eurotherm plc, the world's largest manufacturer of industrial temperature controllers. Subject to FTC and shareholder approval, the purchase was expected to be completed by the first week of March 1998.

03/01/1998


San Diego, Calif. Action Instruments Inc. announced Feb. 6 that it is being acquired by U.K.-based Eurotherm plc, the world's largest manufacturer of industrial temperature controllers. Subject to FTC and shareholder approval, the purchase was expected to be completed by the first week of March 1998. A leading manufacturer of industrial measurement and control instrumentation products for factory automation and process controls, 25-year-old Action Instruments has annual sales of approximately $20 million—with about 75% in the U.S. Action has been seeking growth through international expansion, and this led to the acquisition by Eurotherm. "At mid-size, in a fragmented marketplace, Action has been seeking growth acceleration through international sales and increased investment for technology development in the emerging industrial-network I/O markets. Eurotherm has the core technology and sales channels to accelerate Action's growth in Europe," says Jim Pinto, Action's founder and president. Mr. Pinto will become Action's chairman. Frank Williams, Action's vp of marketing, will become Action's president and ceo.





No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
Emergency lighting; NFPA 3 and 4; Integrated building systems; Smart lighting, HVAC design
Designing for energy efficiency; Understanding and applying NFPA 101 for mission critical facilities; Integrating commissioning and testing for fire alarm systems; Optimizing unitary pumping solutions
Economics of HVAC systems; NFPA 110-2016; Designing and choosing modular data centers
Tying a microgrid to the smart grid; Paralleling generator systems; Previewing NEC 2017 changes
Driving motor efficiency; Preventing Arc Flash in mission critical facilities; Integrating alternative power and existing electrical systems
Putting COPS into context; Designing medium-voltage electrical systems; Planning and designing resilient, efficient data centers; The nine steps of designing generator fuel systems
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Fire & Life Safety Engineer; Technip USA Inc.
click me