Rockwell Automation to acquire Rutter Hinz assets
Offshore staff
MILWAUKEE, Wisconsin -- Rockwell Automation has agreed to purchase the majority of Rutter Hinz's assets for an undisclosed amount.
Rutter Hinz's management team and approximately 220 employees will join Rockwell Automation's Systems & Solutions business unit.
The acquisition includes Rutter Hinz's engineering and automation businesses in Canada and the US, but not its Newfoundland consulting engineering business or the assets of Rutter Technologies Inc. These operations will continue as part of parent company Rutter Inc.
"This acquisition accelerates the growth of Rockwell Automation's business and reach in Canada's heavy industries and oil and gas market, enhances our Canadian oil sands opportunities, and establishes a robust delivery capability in a major market with critical expertise," says Terry Gebert, VP and general manager of Rockwell Automation Systems & Solutions.
02/11/2009