Proax Technologies Acquires Systematic Fluid Power

PB 14 Proax Omron 400

February 12, 2020

For the past several months Proax Technologies Ltd and Systematic Fluid Power Ltd have been in discussions to determine the feasibility of forming a strategic partnership. Today we are pleased to announce that we have concluded our assessment and it is with great excitement that we can now announce that Proax will assume full ownership of Systematic Fluid Power effective February 1, 2020.

Systematic Fluid Power Ltd is a technical distributor of automation and motion control products. Similar to Proax, they take a technical approach to solving the challenges customers face and offer a range of standard and non-standard automation products. Systematic Fluid Power has a high reputation for its quality of service and is a great fit for the Proax family; we felt their dedication to excellent customer service reflected well with our own values and goals.

This is a very strategic acquisition as it will increase our presence in the Kitchener, Waterloo, Cambridge, Guelph region. We are working on enhancing our ability to serve our customers in this region and to provide the most advanced product offering and technical automation solutions to our combined customers.

We want to ensure that the excellent customer service and quality products you have provided to the customers in the past will continue. We are dedicated to maintaining the staff and providing our support and assistance during this transition.

Proax Technologies has offices across Canada and is proud to represent word-class manufacturers in the industrial automation field. This allows us to offer customers the best possible products and solutions. With our highly trained staff, Proax offers top customer service, technical support and fast response time.

Over the next few months, we will be getting to know our new customers. We look forward to the opportunity to better understand their needs and answer any questions. For your convenience, we have included a Q & A document that addresses some of the questions we felt you might have concerning this acquisition.

Source

Related Articles

Changing Scene

  • Gescan Announces Darrell Jensen as New Humboldt Branch Manager

    Gescan Announces Darrell Jensen as New Humboldt Branch Manager

    Gescan is thrilled to welcome Darrell Jensen to the team as their new Humboldt Branch Manager! Darrell brings over 25 years of experience in single-family and multi-family construction, business growth and development across Western Canada. His commitment to people, safety and service excellence aligns strongly with Gescan’s values and we are so excited to have… Read More…

  • ECS Electrical Cable Supply Announces Justine Geboers as New Branch Manager in Richmond, B.C

    ECS Electrical Cable Supply Announces Justine Geboers as New Branch Manager in Richmond, B.C

    Please join ECS Electrical Cable Supply in welcoming Justine Geboers to the team! As the new Branch Manager in Richmond, B.C., Justine brings more than 20 years of leadership experience across the electrical and industrial sectors. Known for her strong leadership and dedication to excellence, she’ll be overseeing daily sales, operations, and team performance. ECS… Read More…

Sponsored Content
The Easy Way to the Industrial IoT

The way to the Industrial IoT does not have to be complicated. Whether access to valuable data is required or new, data-driven services are to be generated, Weidmuller enables its customers to go from data to value the easy way. Weidmuller’s comprehensive and cutting-edge IIoT portfolio applies to greenfield and brownfield applications. Weidmuller offers components and solutions from data acquisition, data pre-processing, data communication and data analysis.

Visit Weidmuller’s Industrial IoT Portfolio.

ADVANCED Motion Controls Takes Servo Drives to New Heights (and Depths) with FlexPro Extended Environment Product Line

Advanced Motion Controls is proud to announce the addition of six new CANopen servo drives with Extended Environment capabilities to their FlexPro line. These new drives join AMC’s existing EtherCAT Extended Environment FlexPro drives, making the FlexPro line the go-to solution for motion control applications in harsh environments.

Many motion control applications take place in conditions that are less than ideal, such as extreme temperatures, high and low pressures, shocks and vibrations, and contamination. Electronics, including servo drives, can malfunction or sustain permanent damage in these conditions.

Read More

Service Wire Co. Announces New Titles for Key Executives

Bruce Kesler and Mark Gatewood have been given new titles and responsibilities for Service Wire Co.

Bruce Kesler has assumed the role of Senior Director – Business Development. Bruce will be responsible for Service Wire’s largest strategic accounts and our growing Strategic Accounts Team.

Mark Gatewood has been promoted to the role of Vice President – Sales & Marketing. In this role, Gatewood will lead the efforts of Service Wire Company’s entire sales and marketing organization in all market verticals.

Read More

Tri-Mach Announces the Purchase of an Additional 45,000 sq ft. Facility

Tri-Mach Elmira Facility

Recently, Tri-Mach Inc. was thrilled to announce the addition of a new 45,000 sq ft. facility. Located at 285 Union St., Elmira, ON, this facility expands Tri-Mach’s capabilities, allowing them to better serve the growing needs of their customers.

Positioning for growth, this additional facility will allow Tri-Mach to continue taking on large-scale projects, enhance product performance testing, and provide equipment storage for their customers. The building will also be the new home to their Skilled Trades Centre of Excellence.

Read More

JMP Parent Company, CONVERGIX Acquires AGR Automation, Expanding Global Reach

Convergix Automation Solutions has completed the acquisition of AGR Automation (“AGR”), a UK-based provider of custom, high-performance automation design and systems integration primarily to the life sciences industry.

Following Convergix’s acquisitions of JMP Solutions in August 2021 and Classic Design in February 2022, AGR marks the third investment in Crestview’s strategy to build Convergix into a diversified automation solutions provider targeting the global $500+ billion market, with a particular focus on the $70 billion global systems integration and connectivity segments. Financial terms of the transaction were not disclosed.

Read More

Latest Articles

  • Rockwell Automation: Boost Productivity & Uptime with a Unified Control Platform

    Rockwell Automation: Boost Productivity & Uptime with a Unified Control Platform

    In today’s manufacturing landscape, reliable production is non-negotiable. So, Rockwell Automation created a unified power control platform to help solve the problems companies face when relying on legacy and fragmented process and power control systems. By combining process, power and motor control in one architecture, you get a connected, intelligent system that simplifies operations, delivers real-time decision-making… Read More…

  • Canada’s Potash Powerhouse: How EB Horsman & Siemens Supports Growth in a Critical Industry

    Canada’s Potash Powerhouse: How EB Horsman & Siemens Supports Growth in a Critical Industry

    Potash is a key part of Canada’s resource economy—and Saskatchewan leads the world in its production. As demand for global food production increases, potash remains essential in supporting agriculture, and Canada continues to be a trusted source of this critical mineral. With long-term growth forecasted in this sector, there’s a growing need for reliable, scalable,… Read More…