Rotork acquires Korean valve instrumentation company
Rotork has acquired Korean company Young Tech Co (YTC), a move that will expand its range of instrumentation products.
YTC is an ISO9001-certified manufacturer of positioners and accessories mainly associated with pneumatic valve actuation. YTC products, including electropneumatic, pneumatic and smart positioners, solenoid valves and I to P converters, are widely recognised in worldwide flow control markets and industries. International hazardous area certifications include ATEX, IECEx, CSA and FM.
The acquisition of YTC, which will become part of the Rotork Instruments Division, is in line with Rotork’s strategy of extending its offering of flow control and pressure control products. The acquisition further enhances Rotork’s position in the Asia-Pacific market, while increasing YTC’s presence in Europe and the Americas.
“YTC is an excellent addition to our Instruments Division. It is a highly respected manufacturer of instrumentation products which are complementary to Rotork’s existing portfolio of products,” Rotork Chief Executive Peter France said.
“This acquisition will enhance our range of instrumentation products and further enlarge our addressable market.”
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