Siemens acquiring UK-based Electrium


Nuremberg, GermanySiemens Automation and Drives (SA&D) Group has an agree-ment to acquire Electrium —based in Cannock, West Midlands, U.K.—which will be-come a subsidiary of Siemens plc. Electrium, a leading U.K vendor of electrical installa-tion systems, also has had a long presence in Near- and Middle-East markets. Some 700 employees, at the company’s four locations, generated sales of€109 million (approxi-mately $129 million) in fiscal year 2004/2005. Sellers—Electrium's management and Lloyds TSB Development Capital Ltd.—each own 50% of the company. The transaction is conditional on regulatory approval.

The market for electrical systems is characterized by regional standards with strong market leaders. Consequently Electrium's name and product brands will be retained along with the established distribution channels.

The U.K.’s market for electrical installation systems is approximately€960 million ($1,134 million), and Electrium is among the leading vendors of British Standards wiring accessories, circuit protection systems and switches, and sockets.

For more information visit: or

Richard Phelps , senior editor, Control Engineering

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Robot advances in connectivity, collaboration, and programming; Advanced process control; Industrial wireless developments; Multiplatform system integration
Sensor-to-cloud interoperability; PID and digital control efficiency; Alarm management system design; Automotive industry advances
Make Big Data and Industrial Internet of Things work for you, 2017 Engineers' Choice Finalists, Avoid control design pitfalls, Managing IIoT processes
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
click me