Bifold purchase strengthens the Rotork flow control group
Global flow control company Rotork has announced the acquisition of the Bifold Group Ltd (Bifold), a manufacturer of pneumatic and hydraulic instrument valves and components. As part of Rotork, Bifold will sit within the Rotork Instruments division and will be able to offer a broader product portfolio to its customers.
From its origins in the mining industry, Bifold has evolved into a leading manufacturer for the oil, gas and wider industrial markets, with expertise in niche sectors including subsea and wellhead control systems.
Within the Bifold Group, Marshalsea Hydraulics is a leading designer and manufacturer of high-quality pumps and valves, and provides a range of stainless steel pressure intensifiers for subsea and topside applications.
Bifold Orange (formerly part of Orange Instruments) has broad expertise in electronic control and valve positioning for the valve and pump sectors, for use in hazardous areas in the worldwide upstream and downstream oil and gas industries. It also has market-leading technology in areas that include the development of solenoid valves with ultralow power requirements.
Commenting on the acquisition, Peter France, Rotork chief executive, said: “The acquisition of Bifold represents an exciting step forward in the continued development of Rotork Instruments. Bifold is a highly complementary business to Rotork, with a well-regarded management team that provides Rotork with an enlarged platform to further offer its products and services to the oil and gas sector and wider industrial markets.
“The combination of Bifold’s extensive product portfolio and leading technology with Rotork’s international sales network and geographic reach will significantly strengthen our presence across the global flow control market.”
US researchers looking at extracting hydrogen from rocks
Geologic hydrogen is produced when water reacts with iron-rich rocks, causing the iron to oxidise.
New facility turns plastic waste into low-carbon building materials
Australia's first RESIN8 facility has been opened in Victoria.
Engineers Australia welcomes government’s circular economy initiatives
Engineers Australia says the government's circular economy initiatives aim to create tangible...