Home » Rockwell Automation Agrees To Buy Rutter Hinz
Rockwell Automation Agrees To Buy Rutter Hinz
February 10, 2009
Rockwell Automation, Inc., Milwaukee, WI, has agreed to purchase engineering company Rutter Hinz Inc., Saskatoon, Canada. Rutter Hinz is a wholly owned subsidiary of Rutter Inc., a publicly held Canadian company. Rutter Hinz has annual sales of about US$35 million. Terms of the transaction were not disclosed.
Rutter Hinz has engineering expertise in industrial automation, process control and power distribution, specifically for the oil and gas industry, in addition to the pipeline, utility, mining, forestry and food and beverage sectors. The company's management team and approximately 220 employees will join Rockwell Automation's Systems & Solutions business unit.
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, said Terry Gebert, vice president and general manager, Rockwell Automation Systems & Solutions.
The acquisition includes Rutter Hinz's engineering and automation businesses in Canada and the United States, but not its Newfoundland consulting engineering business or the assets of Rutter Technologies Inc. These operations will continue as part of Rutter Inc. Rutter Hinz has eight offices in Canada and two in the U.S.
Rockwell Automation, Inc., a global provider of industrial automation power, control and information systems, employs 21,000 people in more than 80 countries.