Yaskawa acquires Wermac Electric
September 24, 2012 by Manufacturing AUTOMATION
The Drives & Motion Division of Yaskawa America Inc. has acquired the business and operations of Wermac Electric Ltd. in Calgary.
Wermac is a 25-year partner with Yaskawa, specializing in variable speed drives and electrical controls. Wermac has grown in size and reputation over the years by providing unique software and packaging solutions centered on Yaskawa Drives as well as knowledgeable and quick on-site service.
Officials for Yaskawa say the acquisition will help the company grow in key vertical markets.
“After 25 years of very successful partnership with Wermac, the time was right to take that partnership to its logical conclusion and become one company. This will allow for better service for our joint customers with greater resources located locally,” Mike Knapek, president and COO of Yaskawa America, Motion and Drives Division said in a statement.
The new division will be known as Yaskawa Wermac and will be located at the former Wermac Electric facility in Calgary. Yaskawa Wermac will be a division of Yaskawa Motoman Canada, which is a subsidiary of Yaskawa America, Inc. The company says it has retained all key personnel.