Posted to News on 26th Oct 2008, 22:18
Parker Hannifin acquires Origa from Hoerbiger
Parker Hannifin Corporation has acquired Hoerbiger-Origa Holding AG (Origa Group) from Hoerbiger Holding AG of Zug, Switzerland. Origa Group is a manufacturer of rodless pneumatic actuators, electric actuators, FRLs (filter, regulator, lubricator units), pneumatic cylinders and valves used in the transportation, semiconductor, packaging and conveying markets. The Group has major operations in Filderstadt, Germany, Wiener Neustadt, Austria, Glendale Heights, Illinois in the United States, and smaller facilities in several other international locations, including the UK.
Origa will continue to serve its customers globally, now as a division of Parker Hannifin's Automation Group.
Dieter Friedemann, speaking for the Origa Group, said: "We are pleased that Origa is now a unit of the world's leading motion and control technology company. Parker has a reputation for leveraging the capabilities of the businesses it acquires, yielding accelerated growth and profitability. That is good news for Origa customers, suppliers and employees."
Roger Sherrard, President of Parker's Automation Group, stated: "We are excited about the opportunities this combination offers for Parker. Origa is a respected manufacturer and their world-class rodless actuator line strengthens the depth and breadth of our global product portfolio."
The Origa brand is well known particularly in European markets that offer growth opportunities for Parker.
