U.Okay.-based tube and pipe bending machine producer Unison acquired California-based manufacturing equipment and tooling provider PHI Hydraulics.
Established 85 years in the past, PHI helps tube bending and end-forming machine device wants, particularly throughout the aerospace sector.
For Unison and its North American division, Danville, VA-based Unison Tube, the acquisition additional enhances its product portfolio of tube expertise and accelerates the expansion of Unison Tube within the U.S., firm officers stated in a March 26 information launch.
“PHI’s product vary and buyer base is not going to solely improve our product portfolio and market place, however will even assist affirm Unison Tube LLC as a key supplier of tube forming applied sciences in america,” stated Unison Joint Managing Director Alan Pickering. “Buying PHI and its key personnel is important for us. The property we have now obtained are an ideal match for our long-term development technique.”
He added: “They create vital market attain and confirmed merchandise that, together with our personal applied sciences, will allow us to raised serve our present buyer base, PHI’s prospects, and new prospects globally.”
The acquisition by Unison guarantees PHI prospects sooner response instances, shorter product lead instances, new product improvements, superior ranges of automation, and Unison’s buyer help, firm officers stated.
“We determined that one of the best ways to make sure the long run success of the PHI title, its merchandise and model fame, was to hunt acquisition,” PHI President Anthony Morrow stated. “After contemplating varied potential purchasers, we accepted the provide from Unison Ltd. It was clear from the outset that the Unison crew does every thing we do and extra – and is enthusiastic about understanding and exceeding the wants of its prospects.”
The acquisition of PHI will introduce further end-forming applied sciences and tooling for tube and pipe flaring, flanging, beading, and squaring & deburring to the Unison product vary. PHI additionally provides handbook and hydraulic tube and pipe bending machines and tooling, in addition to handbook and motorized hydraulic presses.
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