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WHITTON TECHNOLOGY LIMITED IS PURCHASES BY MOOG
25 January 2001 - Moog Controls
| Moog Inc. announced today that it has acquired the stock of Whitton Technology Limited in the U.K., and the Industrial Gas Turbine assets of Whitton Technology, Inc. in the U.S. The Whitton Company is a designer and manufacturer of pumps and specialty products for most of the world's major producers of industrial power generating equipment. The product line includes lube oil and fuel pumps, fuel control systems, start packs, and multi-function turbine control systems. |
Moog Inc. announced today that it has acquired the stock of Whitton Technology Limited in the U.K., and the Industrial Gas Turbine assets of Whitton Technology, Inc. in the U.S. The Whitton Company is a designer and manufacturer of pumps and specialty products for most of the world's major producers of industrial power generating equipment. The product line includes lube oil and fuel pumps, fuel control systems, start packs, and multi-function turbine control systems. Whitton sales for the latest 12 months were about $5 million and current backlog stands at $5.2 million. The purchase price was $7 million in cash and assumed debt. Whitton is expected to add revenues of $6 million over the remaining 8 months of this fiscal year. 'The Whitton acquisition complements Moog's existing steam and large frame gas turbine control business, as it focuses primarily on other key portions of this industry, including the rapidly emerging microturbine, small frame, and aeroderivative segments,' said Martin Berardi, Vice President and General Manager of Moog Industrial. Moog Inc. is a worldwide manufacturer of precision control components and systems. Moog's high performance actuation products control military and commercial aircraft, satellites and space vehicles, missiles, and automated industrial machinery.
http://www.moog.co.uk
About: Moog Controls
Moog Controls started life in the UK in October 1965 as Moog Hydra-Point, based in Cheltenham, England. This new subsidiary was set up to manufacture and market the Moog Hydra-Point machines in the UK, South Africa and European common market.Nearly 40 years later, not only does MCL manufacture a suite of products for motion control applications, they are also active in the design and development of new and innovative solutions for precision control problems. Our team of highly skilled engineers can provide project support to assist our customers in the performance of a wide variety of applications including, motion simulators for training and entertainment, industrial gas turbine controls, plastics machinery controls, heavy industry, metal forming & pressing, and commercial and military ground vehicle controls. All Moog subsidiaries are represented by regional sales engineers backed by comprehensive product and engineering support teams. Add to this the global presence of Moog and you are ensured a competent partner to deliver and service you and your customers needs. MCL employs over 270 people on its Tewkesbury site, accommodated in 3 buildings, producing over 21,500 servovalves per annum. |
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