Rockwell Automation to Acquire Canadian Engineering Company Rutter Hinz
Rockwell Automation, Inc. announced it has agreed to purchase the majority of the assets of Rutter Hinz Inc., a leading engineering company. Rutter Hinz is a wholly owned subsidiary of Rutter Inc., a publicly held Canadian company. Headquartered in Saskatoon, Canada, Rutter Hinz’s annual sales are approximately $35 million (U.S.). Terms of the transaction were not disclosed.
Rutter Hinz has engineering expertise in industrial automation, process control and power distribution, specifically for the oil and gas industry, in addition to the pipeline, utility, mining, forestry and food and beverage sectors. The company’s management team and approximately 220 employees will join Rockwell Automation’s Systems & Solutions business unit.
The acquisition includes Rutter Hinz’s engineering and automation businesses in Canada and the United States, but not its Newfoundland consulting engineering business or the assets of Rutter Technologies Inc. These operations will continue as part of Rutter Inc. Rutter Hinz has eight offices in Canada and two in the U.S. The acquisition is expected to close during the current quarter
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