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ERIKS to acquire Industrial Controls by the end of October 2011


Executive board ERIKS nv


+31-72 54 75 888


27 October 2011


ERIKS to acquire Industrial Controls by the end of October 2011

About Industrial Controls

Founded in 1976, Industrial Controls is the leading distributor of Controls, Instrumentation, Automation and Automated Valves in the U.S. Industrial Controls serves over 10,000 blue chip customers with the industry’s premier brands through its national network of 17 branch offices and e-commerce/catalog capabilities. Industrial Controls generates with 150 employees an annual sales level of approx. 84M USD.

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Industrial Controls provides ERIKS with a platform for growth in Controls & Instrumentation in North America. Industrial Controls also strengthens ERIKS’ position as a global industrial service provider. The activities of Industrial Controls will be developed as an independent wholly owned subsidiary within ERIKS. Industrial Controls will significantly strengthen ERIKS’ market position in the United States.


Founded in 1940, ERIKS is a leading international industrial service provider offering a wide range of high-quality mechanical engineering components and associated technical and logistics services. ERIKS’ current product range, including the technical and logistics services that form part of it, is divided into five core activities: flow technology; sealing technology; bearing and power transmission, including electromechanical services and condition monitoring; industrial plastics; and tools and maintenance products. ERIKS currently consists of more than 60 companies with branches in 25 countries, serving over 200,000 customers. In 2010, ERIKS generated net sales of €1.1 billion (USD 1.6 billion). ERIKS is a wholly owned subsidiary of SHV Holdings N.V., a private-held family company with net sales in 2010 of €16.0 billion (USD 23.1 billion).

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