AMETEK acquired Halmar Robicon Power Control Systems (Siemens Energy & Automation), a transaction completed in April 2007, structured as Product-line / technology asset purchase from Siemens Energy & Automation.
Halmar Robicon Power Control Systems (Siemens Energy & Automation) operates in Electronic Instruments Group (EIG) — AMETEK Solidstate Controls, is based in United States. AMETEK acquired the Halmar Robicon silicon controlled rectifier (SCR) power controller line and related Power Control Systems technology and products from Siemens Energy & Automation. Halmar Robicon is recognized for advanced power control technology, and the product line was folded into AMETEK Solidstate Controls, a supplier of uninterruptible power supply and battery management systems and industrial SCR power controllers for industrial applications and power generation. AMETEK described the deal as broadening its capabilities and position in the U.S. power controller market.
Broadens AMETEK's SCR power controller capabilities and strengthens its position in the U.S. power controller market alongside AMETEK Solidstate Controls.
Advisory firms were not disclosed for this transaction.