Aventics acquires Vector Horizon Technology
The internationally operating Aventics Group, manufacturer of pneumatic components and systems, has announced the acquisition of Vector Horizon Technology LLC (VHtek).
Based in Bowling Green, Kentucky US, VHtek develops solutions in advanced mechatronics primarily for the global truck industry, but also covering other areas of Aventics’ target market sectors globally. VHtek focuses on engine emissions technologies and develops electric actuators, valves, emissions controls, and other components to increase efficiency and reduce emissions.
Through this acquisition, Aventics further strengthens its position in the global commercial vehicles business and further expands its business beyond pneumatics, offering both pneumatic and electronic systems and components.
The business of VHtek is defined as the management of design, research, development, prototyping of products and applications around the electro-mechanical actuation and electro-hydraulic actuation; including air valves such as exhaust gas recirculation (EGR) valves, exhaust flap valves, and backpressure valves mainly for application on medium and large engines.
Further development
This business and technology will primarily support further development of Aventics’ commercial vehicle sector. In addition, VHtek technologies and the increased R&D capacities provided by the owners and employees of VHtek, will further benefit Aventics’ core sectors, including: industrial automation, life sciences, energy, food & beverage and railway technologies.
Aventics Corporation, Lexington (USA) acquired the business of VHtek in early March. The CEO of VHtek, Jon Bigley, is already part of the Aventics organisation and has taken over the role of global sector head – commercial vehicles. In this role, he will further strengthen Aventics’ commercial vehicles business.
Well-matched
Paul Cleaver, CEO of Aventics, commented: “With this acquisition, we are increasing our impact in the commercial vehicles sector, and complementing our existing portfolio. The products and services of VHtek match well with our pneumatic components and systems. Together we will be a stronger partner for our worldwide customers.”
Cleaver continued: “As the global demand for energy-efficient products increases, Aventics together with VHtek will master the technological challenges that face our customers and provide them with competitive solutions for their future requirements.”
Bigley added: "VHtek and its employees are excited to be taking this next step in joining Aventics. This solidifies us as one company to achieve our common goals of providing our customers with the necessary technology and best value. Furthermore, our collective desire is to grow our business and establish a strong and lasting position across sectors in our diverse markets.”
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