CEO
Watlow Electric Manufacturing Company
bizjournals.com
Watlow, a North American designer and manufacturer of complete industrial thermal systems, announced it has completed its acquisition of Eurotherm from Schneider Electric Company on October 31, 2022.
Eurotherm, coming from Schneider Electric Company, is a global provider of temperature, power and process control, measurement and data management equipment, systems, software and services. The company employs about 650 people worldwide, with headquarters in Worthing, U.K. and core manufacturing operations in Ledziny, Poland.
“We are excited about Watlow and Eurotherm and all we will accomplish together," said Rob Gilmore, CEO at Watlow. "This acquisition aligns with our vision of providing innovative thermal products and technologies that help increase our customers’ competitive advantage."
Watlow will establish and expand Eurotherm’s sites in Europe in order to provide a path to growth in other parts of the world including the Americas and Asia in industries such as semiconductor processing, environmental chambers, energy processes, diesel emissions, medical, and foodservice equipment.
Read more about the history of the acquisition here.
