Rotork Australia announces the acquisition of Korean company Young Tech Co. Ltd. (YTC) by Rotork plc.
The market-leading actuator manufacturer and flow control company Rotork has expanded its range of instrumentation products with the acquisition of YTC, an ISO9001 certified manufacturer of positioners and accessories mainly associated with pneumatic valve actuation. YTC will now become part of the Rotork Instruments Division.
YTC products such as electro-pneumatic, pneumatic and smart positioners, solenoid valves and I to P converters are widely recognised in global flow control markets, and carry international hazardous area certifications including ATEX, IECEx, CSA and FM.
YTC’s acquisition is in line with Rotork’s strategy of extending its offering of flow control and pressure control products, further enhancing the global company’s position in the Asia-Pacific market, while increasing YTC’s presence in Europe and the Americas.
Commenting on the acquisition, Rotork Chief Executive Peter France said that YTC is a highly respected manufacturer of instrumentation products, which complement Rotork’s existing portfolio of products. The acquisition will enhance Rotork’s range of instrumentation products and further broaden their addressable market.