MILWAUKEE–Rockwell Automation, Inc. (NYSE: ROK) announced today that it has reached a definitive agreement to acquire the Safety and Automation business of CEDES AG. CEDES’ Safety and Automation business is a leading 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 CEDES Safety and Automation 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 to serve the industrial safety and automation markets.
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.
Filed Under: Factory automation, Automation components