PT Group Acquires SP Gears

Marinelink.com
Wednesday, May 01, 2013

The PT Group, headed by Chris Oswald, announced the acquisition of SP Gears, a British specialist gear manufacturer, based in Orpington, Kent.

The company, which was established in 1916, has an international reputation for its excellent quality and fast response to customer needs. Now under the guidance of MD Greg Jenkins, SP Gears provides products for clients across the valve, nuclear, rail, marine and automotive industries. As part of its impressive quality standards, SP Gears has nuclear accreditation, enabling it to service customers in the nuclear new build and refurbishment sectors.

The Precision Technology Group specializes in creating innovative technology for motion with manufacturing, service and supply businesses located in the USA, Great Britain and Australia. With the acquisition of SP Gears, the PT Group now comprises four companies; Precision Technology USA Inc, manufacturer and supplier of industrial and defense high performance electro-mechanical actuators; Hypac Pty Ltd, an Australian manufacturer of hydraulics systems used in marine applications, including a unique range of light weight deck machinery for fast commercial and leisure vessels, and of presses used in wine production and other commercial applications; and Seaway Powell Marine Ltd, the British-based designer and manufacturer hydraulic equipment and deck gear for sailboats, powerboats, superyachts and commercial craft. 
 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Matson Completes Horizon Lines Acquisition

Matson, Inc. has completed the acquisition of Horizon Lines, Inc. which includes Horizon's Alaska operations and the assumption of all non-Hawaii business liabilities.

Wärtsilä Acquires L-3 MSI

Wärtsilä completes acquisition of L-3 Marine Systems International    Wärtsilä Corporation announced that its acquisition of the Germany based L-3 Marine Systems

BWTS Newcomer Sees Early Success

Norwegian manufacturer of ballast water treatment systems MMC Green Technology reports it has sold more than 70 systems since going commercial with its MMC BWMS two years ago,

Marine Equipment

Unicom Selects the Ecochlor BWTS for 10 Tankers

Ecochlor, Inc. announced that Unicom Management Services (Cyprus) Ltd. (Unicom), acting for SCF Group, signed a 10-vessel agreement for the Ecochlor Ballast Water Treatment System (BWTS) in Limassol,

Kongsberg Contracted to Support FLNG Conversion

Kongsberg Maritime secures position in the LNG market with electrical and automation contract for Golar Hilli FLNG   Keppel Shipyard in Singapore and Black & Veatch in the U.

Wärtsilä Acquires L-3 MSI

Wärtsilä completes acquisition of L-3 Marine Systems International    Wärtsilä Corporation announced that its acquisition of the Germany based L-3 Marine Systems

Mergers & Acquisitions

Crowley to Manage 4 Jones Act Ships for Pasha

Crowley Maritime Corp.’s ship management group has been awarded a new contract with Sunrise Operations LLC, a subsidiary of The Pasha Group, of San Rafael, Calif.

Matson Completes Horizon Lines Acquisition

Matson, Inc. has completed the acquisition of Horizon Lines, Inc. which includes Horizon's Alaska operations and the assumption of all non-Hawaii business liabilities.

Wärtsilä Acquires L-3 MSI

Wärtsilä completes acquisition of L-3 Marine Systems International    Wärtsilä Corporation announced that its acquisition of the Germany based L-3 Marine Systems

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1401 sec (7 req/sec)