Ac­qui­si­tion strength­ens Ro­tork pres­ence in global marine and off­shore mar­kets

DEMM Engineering & Manufacturing - - PRODUCT WATCH -­quiry #160308a

Ro­tork has in­creased its range of f low con­trol prod­ucts and ser­vices for the world­wide marine and off­shore in­dus­tries with the ac­qui­si­tion of Masso Ind s.p.a., an es­tab­lished and re­spected man­u­fac­turer of in­no­va­tive ship­board valve re­mote con­trol sys­tems ( VRCS).

De­signed for crit­i­cal safety ap­pli­ca­tions, Masso VRCS so­lu­tions en­com­pass hy­draulic and elec­tro-hy­draulic sys­tems that are com­pat­i­ble with most in­te­grated au­to­ma­tion sys­tems ( IAS). The Masso prod­uct range also in­cludes hy­draulic quar­ter-turn and lin­ear ac­tu­a­tors, hy­draulic power packs, so­le­noid cab­i­nets and elec­tro­hy­draulic ac­tu­a­tors for ship­board ap­pli­ca­tions.

Based in Val­dug­gia in north­ern Italy, Masso has over 80 years of marine in­dus­try ex­pe­ri­ence en­com­pass­ing chem­i­cal and cargo ves­sels, cruise ships, fer­ries, off­shore sup­port and navy ves­sels. The com­pany’s prod­ucts are sup­plied to world-lead­ing ship­build­ing groups such as Fin­cantieri and the Meyer Werft Group.

Masso will join the Ro­tork Fluid Sys­tems divi­sion, where its prod­ucts dove­tail into ex­ist­ing ranges of f luid power f low con­trol equip­ment serv­ing the oil and gas, power gen­er­a­tion, marine and man­u­fac­tur­ing in­dus­tries.

Com­ment­ing on the ac­qui­si­tion, Ro­tork Group Chief Ex­ec­u­tive Peter France said: “The ac­qui­si­tion of Masso is in line with our strat­egy of strength­en­ing our pres­ence in the global f low con­trol mar­ket and broad­en­ing the scope of the Group’s ac­tiv­i­ties within the marine and off­shore mar­kets.”

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.