Parker Hannifin Acquires Kittiwake Group

press release
Monday, July 23, 2012

Alliance provides total system health management to customers.

 

Kittiwake Group, a leading global provider of asset control and protection technology, has been acquired by Parker Hannifin Corp., the global leader in motion and control technologies. The transaction is designed to offer greater value with a comprehensive and innovative range of products and solutions and includes the acquisition of the entire Kittiwake Group, including Kittiwake Developments Ltd, Kittiwake Procal Limited, Kittiwake Holroyd Limited and Kittiwake Incorporated.

 

The two companies complement each other; dealing within the same markets but with clear differentiation in product ranges. Kittiwake's market leading condition monitoring technology - including wear debris sensors, oil testing and analysis instrumentation and acoustic, vibration and gas emissions monitoring sensors - works seamlessly alongside Parker Hannifin's filtration technology in the commercial marine, oil and gas, power generation and defence markets.

 

Kittiwake, with annual sales of approximately $20 million and employing 95 people, will be integrated into Parker's Filtration Group and the sales will be reported as part of the International Industrial Segment.

 

Peter Popoff, President of Parker's Filtration Group said: "Kittiwake Developments will allow us to extend our position in diagnostic products and reinforce our ability to offer our customers a complete health monitoring solution for their filtration systems. We welcome the employees of Kittiwake to Parker and are excited about the growth opportunities this alignment creates.”

 

Martin Lucas, Kittiwake Managing Director, commented: “The acquisition by Parker Hannifin represents an exciting new chapter for Kittiwake and our collective customer base. By adding Kittiwake to Parker, we are pleased to be able to offer a comprehensive portfolio of advanced diagnostic products and solutions that, combined with Parkers filtration expertise, enable us to provide Total System Health Management. Throughout the transition process, the Kittiwake and Parker teams remain committed to providing ongoing operational excellence to our customers.”


Technology

Scorpene Submarine Data Leak: Setback to Indian Navy

India has began multiple investigations to determine the extent of damage caused by the reported massive leak of secret data detailing the combat and stealth capabilities

NOAA Engineers a Better Current Sensor for Mariners

Navigating into seaports is now safer and more efficient for mariners thanks to improved NOAA technology that ships rely on to give them information about currents.

SMM 2016: World Premieres from around the Globe

Some 50,000 trade visitors from the whole of the world are expected in Hamburg for the start of SMM in less than two weeks. And once again, it is fully booked – with a total of more than 2,

Marine Equipment

Danish Maritime Authority Supports Maritime Cultural Days

The Danish Maritime Authority's buoy tender ’POUL LØWENØRN’ will be alongside in Korsør in connection with the Maritime Cultural Days. The vessel will be open to visitors throughout Saturday,

ABS Makes it Safer to ‘Walk to Work’

ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.

Damen Trading Sale hits 500th Vessel

30 years and 500 vessels later, Damen Trading is just getting started. Damen Trading’s story begins in 1986, with Damen Shipyards Group responding to growing market demand for used vessels.

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
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: 0.0714 sec (14 req/sec)