Rotork snaps up Korean firm
Peter France, CEO and managing director Rotork Controls.
Actuator manufacturer and f low control company Rotork has expanded its range of instrumentation products with the acquisition of Young Tech Co (YTC).
YTC is a Koreanbased, ISO9001 certified manufacturer of positioners and accessories mainly associated with pneumatic valve actuation.
YTC products, including electro-pneumatic, pneumatic and smart positioners, solenoid valves and I to P converters, are widely recognised in worldwide f low control markets and industries. International hazardous area certifications include ATEX, IECEx, and FM.
The acquisition of YTC, which will become part of the Rotork Instruments Division, is in line with Rotork's strategy of extending its offering of f low control and pressure control products.
Rotork chief executive Peter France said: “YTC is an excellent addition to our Instruments Division.
“It is a highly respected manufacturer of instrumentation products, which are complementary to Rotork's existing portfolio of products.
“This acquisition will enhance our range of instrumentation products and further enlarge our addressable market.”