Siemens goes on acquisitions trail
Feb 2000
News
Siemens
The Siemens Automation and Drives Group (A&D) has recently acquired two American companies and parts of a German company.
Milltronics
Siemens reached an agreement on 21 January with the major shareholders of Milltronics, through Siemens Canada, with the aim of purchasing Milltronics. The total value of the offer is in the region of R1,3 billion. Milltronics has annual sales of approximately R497 million and around 600 employees. The A&D Group is planning to build up Milltronics to form an independent business unit for level monitoring in the process industry.
Moore
On 17 January an agreement was reached with the shareholders of the Moore Products Corporation via the US company Siemens Energy & Automation, with the aim of purchasing Moore. In the context of a public tender offer Siemens made a cash offer on 21 January for all outstanding Moore shares. The total value of the offer is in the region of R1 billion. "This acquisition unites a company offering leading automation technology and services for the process industry, with one of the largest electrical and electronics companies in the world," commented Donald E. Bogle, President and CEO of Moore Products.
Moore employs some 1200 staff and has annual sales of around R1 billion.
How does this affect Moore Process Controls in South Africa?
a. Moore Process Controls is a private company with 96% of its shares held by local shareholders. Moore Products USA holds 4% of the shares which means that when the deal is concluded, Siemens will acquire 4% of Moore Process Controls in South Africa.
b. Moore Process Control is the sole distributor for Moore Products hardware and software products for the whole of sub-Saharan Africa, so it will continue to offer the same product line as before.
c. As an independent system integrator, Moore Process Controls is assuring commitment to continued service on all of the Moore Products equipment.
d. Moore Process Controls has represented Moore Products since 1984 and is likely to remain the first choice for representation in sub-Saharan Africa.
Turbo-Werk Messtechnik
To consolidate its position in the process industry Siemens A&D has recently taken over parts of Turbo-Werk Messtechnik in Cologne, Germany, with a business volume of around R41 million. Turbo-Werk specialises in measurement technology on the magneto-inductive principle.
Siemens
(011) 652 3675
Further reading:
Pump spares and parts for Africa
News
KSB Pumps and Valves explains how its decentralised stockholding and local manufacturing keep spares and parts available across its installed base in Africa.
Read more...
Inspiration for times of change
Endress+Hauser South Africa
News
More than 2000 customers, partners and experts gathered in Basel, Switzerland, for the Endress+Hauser Global Forum in April 2026. Under the theme of driving sustainable transformation together, the event combined keynote sessions on strategy, technology and the future of work with practical case studies from across the process industry.
Read more...
Local energy solutions rewiring resilience across Africa
News Fieldbus & Industrial Networking
Engineers across Africa are developing practical, scalable energy and mobility solutions supported by the Africa Prize for Engineering Innovation.
Read more...
The gender gap in SA’s engineering sector
News
South Africa’s engineering sector is facing a critical gender imbalance, with women making up just 16% of registered engineering professionals compared to 84% of men.
Read more...
Safe removal of the historic US 181
News
Mammoet provided the heavy-lift expertise that helped remove the 2300 ton centre span of the historic US 181 Harbor Bridge in Corpus Christi, Texas, using a precision lift-and-lower method that protected nearby marine environments and reopened navigation channels swiftly.
Read more...
Going Green initiative sees African Group Lubricants adopt electric forklift fleet
News
African Group Lubricants is transitioning most of its forklift fleet to electric power, a move expected to cut diesel consumption by around 85% and improve conditions across its manufacturing facility while delivering a positive return on investment in the near term.
Read more...
Africa Energy Indaba 2027 aims to ignite the power revolution
News
Africa Energy Indaba 2027 takes place from 2 to 4 March 2027 at the Cape Town International Convention Centre, bringing together ministers, utilities, investors and developers to accelerate energy generation, unlock investment and drive the continent’s industrial future.
Read more...
Major bearing tender for SKF
SKF South Africa
News
SKF has secured a major bearing supply tender from an Algerian steelmaker, reinforcing its position in the metals segment across North Africa.
Read more...
Mining’s decarbonisation journey requires putting ESG commitments into action
Schneider Electric South Africa
News
Schneider Electric specialists explain how mining and heavy industry can turn environmental, social and governance commitments into measurable decarbonisation results.
Read more...
Closing the energy efficiency gap at SKF’s Tech & Innovation Summit
SKF South Africa
News
SKF is hosting its yearly virtual Tech & Innovation Summit, bringing together industry leaders and experts to showcase technologies, products and solutions designed to help close the energy efficiency gap in industrial operations.
Read more...
printer friendly version