Roper Technologies acquired United Controls Group, a transaction completed in September 2011, structured as Acquisition of 100% of the shares.
United Controls Group operates in Energy Systems & Controls, is based in United States. United Controls Group (UCG) manufactures control systems for the oil and gas industry, supplying process control equipment used in energy production and processing operations. Its systems support monitoring and control of industrial processes in demanding upstream and midstream environments. Roper acquired all of the company's shares and integrated it with its existing process control businesses.
Acquired as an addition to Roper's existing process control systems businesses, deepening the Energy Systems & Controls segment's presence in oil and gas process control.
Advisory firms were not disclosed for this transaction.