Cooper buys emergency equipment manufacturer
Houston, TX—Cooper Industries Ltd. has acquired U.K.-based, privately held MEDC Ltd., which manufactures manual, visual, and audible alarms and public address speakers.
Houston, TX— Cooper Industries Ltd. has acquired U.K.-based, privately held MEDC Ltd., which manufactures manual, visual, and audible alarms and public address speakers. MEDC will become a part of Cooper's Crouse-Hinds division. Terms of the transaction were not released.
MEDC's products are mostly used in environments with significant risks of explosion due to mixtures of gas, vapor, dust and air. MEDC's products also are specified for harsh industrial, marine, and commercial applications.
Founded in 1975, MEDC's headquarters are in in Pinxton, Nottingham, England. The firm has annual revenues of approximately $22 Million.
'MEDC is an outstanding strategic fit with our Crouse-Hinds business,' says H. John Riley, Jr., Cooper's chairman and CEO. 'Combining Cooper Crouse-Hinds and MEDC will create an even stronger product platform to address the standards and requirements of the important IEC electrical equipment markets. MEDC also provides Cooper with a unique engineering expertise in explosion-proof alarms and loudspeakers, further allowing Cooper Crouse-Hinds to grow its served markets by providing an enhanced product offering to our global customer base.'
Cooper Crouse-Hinds manufactures electrical products designed for hazardous commercial and industrial environments. The division's products are used in commercial and industrial applications, airport and obstruction lighting, oil, petrochemical, automation, mining, marine and entertainment applications.
Control Engineering Daily News Desk
Jim Montague, news editor
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