Fluid Automation Systems added to IMI’s Norgren group
IMI plc reports that it's buying Fluid Automation Systems (FAS) and will add FAS to IMI's Norgren group. FAS specializes in miniature solenoid valves and customized solutions. Norgren supplies motion and fluid control solutions, and is the largest subsidiary in IMI's $2.8-billion international engineering group.
IMI plc reports that it’s buying Fluid Automation Systems (FAS) and will add FAS to IMI’s Norgren group. FAS specializes in miniature solenoid valves and customized solutions. Norgren supplies motion and fluid control solutions, and is the largest subsidiary in IMI’s $2.8-billion international engineering group.
FAS operates two manufacturing facilities near Geneva, Switzerland, and employs 263 people, including 45 engineers. Because of its sustained organic growth, FAS reports that it has a well-established European user base, including customers in the medical, printing, semiconductor, textile, sanitary, instrumentation, and beverage machinery sectors. These markets reportedly are well aligned with Norgren’s markets, and offer many collaborative opportunities for development and growth. FAS also has made inroads into key medical and semiconductor accounts in the U.S.
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