In case you thought that Rockwell Automation is not interested in the safety business, think again. Also in the incremental growth through acquisition. The company announced yesterday that it has reached a definitive agreement to acquire the safety and automation business of Cedes AG, a supplier of safety and measuring light curtains as well as other safety and non-safety optoelectronics, control units and related accessories for industrial applications. Terms of the transaction were not disclosed.
The acquired business is headquartered in Landquart, Switzerland with sales offices primarily across Europe. The business unit being acquired includes products, technology, development engineering, marketing, sales and distribution.
"As the global leader in the process and machine safety market, Rockwell Automation's acquisition of Cedes' Safety and Automation business will enhance a strategic segment within our product portfolio," said Steve Eisenbrown, senior vice president of Rockwell Automation. "Optoelectronic safety sensors, which include light curtains, are one of the largest product segments of the machine safety market. This acquisition will expand our comprehensive breadth of competitive machine safety solutions for our customers worldwide."
Beat De Coi, Cedes chairman and founder, said, "For 20 years, we have specialized in developing innovative optical sensor technologies for a wide range of applications including industrial safety and automation markets. Combining these capabilities with Rockwell Automation's global leadership in industrial automation control and information systems will enable more manufacturers around the world to help protect their workers from machinery and equipment accidents."
Subject to satisfaction of customary closing conditions, Rockwell Automation expects the transaction to be completed early in the second calendar quarter of 2008. After the acquisition is complete, customers can continue to purchase products through the current distribution network of Cedes' Safety and Automation business. As products become available under the Allen-Bradley brand, customers will also be able to purchase them through the Rockwell Automation distribution network.
Cedes' Safety and Automation business will be included in the Architecture and Software operating segment.
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