Rotork, one of the market leaders for actuator manufacturing, has acquired Bifold Group Limited. The latter company is a manufacturer of pneumatic and hydraulic instrument valves and components focused on the oil and gas industry and wider industrial markets, with expertise in a number of niche sectors such as subsea and wellhead control systems. It also has market leading technology in areas that include the development of solenoid valves with ultra-low power requirements.
Bifold is headquartered in Manchester, UK, and employs approximately 300 people across its operations in Manchester and Taunton, UK. The company is being acquired from a consortium including LDC, current management and other shareholders. Bifold will sit within Rotork’s Instruments division and its current management team will remain with the business.
The acquisition is in line with Rotork’s strategy of strengthening its presence in the flow control market and broadening its product portfolio. Bifold has a strong market presence and excellent brand recognition within its end markets. As part of Rotork, Bifold will also be able to offer a broader product portfolio to its customers.