Thursday, November 13, 2008

Rockwell deals for Chinese integrator

13 November 2008

Rockwell deals for Chinese integrator

Rockwell Automation Inc. will acquire Xi’An Hengsheng Science & Technology Company Limited, a privately held engineering firm.

Located in Xi’an, China, Xi’An Hengsheng Science & Technology Company Limited covers the power, petrochemical, coal mining, chemical, and oil markets. The company conducts much of its business in the middle and western China with an installed base of approximately 300 customers.

“Xi’An Hengsheng Science & Technology’s process solutions expertise and heavy industry knowledge strengthens Rockwell Automation’s ability to deliver complete systems in one of the fastest growing markets in the world,” said Terry Gebert, vice president and general manager, Rockwell Automation Systems & Solutions business. “Xi’An Hengsheng Science & Technology’s management team and its 85 employees will join our business.”

“The relationship with Rockwell Automation will strongly enhance our ability to deliver automation solutions and technology to heavy process industries throughout China,” said Han Liqing, Xi’An Hengsheng Science & Technology Company co-founder.

Terms of the deal were not immediately available, and the companies expect to close on the deal in the first quarter next year.