Home » Rockwell Automation to acquire Hiprom
Rockwell Automation to acquire Hiprom
MILWAUKEE--Rockwell Automation has announced it has agreed to purchase Hiprom, a process control and automation systems integrator headquartered in Johannesburg, South Africa. Hiprom customers include the top global mining firms with precious metal and coal operations in the Sub-Saharan region. Hiprom's management team and all its 100 employees will join the Rockwell Automation Systems & Solutions business unit.
"This acquisition accelerates the growth of Rockwell Automation’s business in the Sub-Saharan region and further expands our customer presence in the global mining and mineral processing market," said Hedwig Maes, president of Rockwell Automation's Europe, Middle East and Africa region.
"Hiprom customers will continue to receive the high level of service they currently enjoy and gain more direct access to the complete portfolio of Rockwell Automation products, services and solutions," said Hein Hiestermann, Hiprom managing director and CEO. "Rockwell Automation customers will benefit from the expanded portfolio of application solutions, expertise and delivery capacity, specifically within the global mining and mineral processing market."
Terry Gebert, vice president and general manager, Rockwell Automation Systems & Solutions business said, "Strategically, this acquisition further strengthens our global project management and delivery capabilities and adds critical mass for our delivery of customer solutions in the rapidly growing Sub-Saharan market, as well as globally in the mining, metals and minerals industries."
According to Craig Resnick, Research Director, ARC Advisory Group, "Due to the improving global economy and increasing worldwide consumer demand, energy and commodity metal prices should continue to rise in the long-term, which will result in additional capital and operational expenditures for new and retrofit automation projects. The acquisition of Hiprom should help Rockwell Automation to best leverage these market trends, as well as add some complementary geographic and vertical industry capabilities that will benefit its entire solutions portfolio."
The acquisition is expected to close during the first calendar quarter of 2011 subject to the approval of regulatory authorities in South Africa.
Past Time to Upgrade Your DCS?
Upgrading Your DCS: Why You May Need to Do It Sooner Than You Think
Friday p.m. Wrap-Up:This Week on ControlGlobal and Elsewhere
Some of the week's biggest stories in process automation
What's Bad Weather Costing Us?
U.S. taxpayers paid nearly $100 billion responding to damages caused by last yearís extreme weather events associated with climate change, about $1,100 per taxpayer, according to an analysis by the Natural Resources Defense Council (NRDC).
BP, Shell, Statoil Raided by EC
European Commission investigators raided the offices of oil companies BP, Royal Dutch Shell and Statoil as well as data collector Platts as part of a larger inquiry into price manipulation of the global crude market.
Invensys' SimSci Suite 2013 Now with More Usability Features
Invensys releases SimSci Suite 2013, a DVD catalogue providing a single source for all of Invensys' current SimSci-Esscor design, operator training, simulation and optimization software
What We Can Learn About Safety from the Titanic Hearings
This report from the U.K. publication The Engineer is instructive. It reprints a report from the May, 1912 hearings on the sinking of the Titanic.
Honeywell Integrates and Certifies FMC722 Subsea Automation Protocol
The integration and certification of these solutions will boost the productivity of oil and gas field operators and engineers
Monsanto Muscatine named 2012 HART Plant of the Year
The HART Communication Foundation today announces that the Monsanto chemical manufacturing plant located in Muscatine, Iowa, USA, was selected as recipient of the 2012 HART Plant of the Year Award.
Siemens Gas Chromatograph Is ISA Product of the Year
Siemens Industry, Inc. has been awarded the prestigious ISA Analysis Division Product of the Year Award for 2013 for its Maxum edition II gas chromatograph featuring a new modular oven and color touch panel display.
IChemE Issues Call for Papers for Fall Conference
Scotland will host a new international symposium on the future of the oil and gas industry later this year, and papers are now being invited on key issues including shale gas, carbon management and the future of refining and petrochemicals in Europe.
- All news »
Access the entire print issue on-line and be notified each month via e-mail when your new issue is ready for you. Subscribe today.
- Featured White Papers