Home»News»Actuant Corporation acquires CrossControl

Actuant Corporation acquires CrossControl

0
Shares
Pinterest Google+
 

Actuant Corporation is a USD 1.6B diversified industrial company with operations in more than 30 countries and headquartered in Menomonee Falls, Wisconsin, US.CrossControl will operate within the Maxima Technologies business, part of Actuant’s Engineered Solutions segment.“As a part of Actuant we have the backing and financial strength to develop CrossControl into a truly global provider of advanced vehicle control solutions” comments Peter Lageson, CEO of CrossControl, and continues “We will now be able to accelerate our growth in Europe and US and we will also get more momentum in our business in China and other emerging markets.”“CrossControl strengthens Maxima Technologies position in the industrial vehicle market, adding advanced HMI and vehicle control solutions to its portfolio and also creating an expanded global footprint for our business” comments John Buck, President Maxima Technologies and continues “With the addition of Cross Control, Maxima will be able to provide a wider range of technical solutions for our customers in every region of the world. We bring a strong base of local support and manufacturing to grow the CrossControl products globally.”


Electronicsfeed.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. For a full list of the affiliate programs we utilize to help serve unique, ad-free content, take a look at our Advertising Disclosure statement.
Previous post

Solar module price erosion slows in 1H/2012

Next post

DRAM pricing strengthens as inventory level falls