Transaction Expands Rockwell’s Consulting and Systems Integration Scale in Fast Growing Industrial Transformation Market
MILWAUKEE--(BUSINESS WIRE)-- Rockwell Automation today announced that it has acquired MESTECH Services, a global provider of Manufacturing Execution Systems / Manufacturing Operations Management, digital solutions consulting, and systems integration services.
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MESTECH is a Rockwell Automation Recognized Systems Integrator with extensive experience applying Rockwell’s software-based solutions within the manufacturing technology space. The company offers technology consulting services, solutions design and deployment, support, plant asset management, and staffing solutions for discrete, hybrid, and process applications across multiple industries including Life Sciences and Automotive. MESTECH, founded in 2008, is headquartered in Pune, India with operations in Germany and the United States.
“The acquisition of MESTECH expands our capabilities to profitably grow Information Solutions and Connected Services globally and accelerate Rockwell’s ability to help our customers execute digital transformation initiatives,” said Matthew Fordenwalt, Vice President and General Manager, Systems & Solutions Business, for Rockwell Automation. “India is one of Rockwell’s fastest growing markets and MESTECH’s footprint and expertise will enable us to implement solutions faster, helping our customers increase their connectivity, efficiency, and productivity. At the same time, by joining the Rockwell family, MESTECH will be able to leverage Rockwell’s products and solutions in the areas of control, process, power information solutions and industrial IoT, including FactoryTalk Innovation Suite, powered by PTC, in order to help customers develop the best possible solutions while minimizing risk.”
“We are excited about our future with Rockwell Automation, which will enable us to help more customers simplify their industrial transformations and accelerate their production timelines,” said Yatin Sankholkar, Managing Director, at MESTECH. “Over the past decade, we have grown MESTECH into one of the world’s leading manufacturing execution service providers, with a focus on Technology Consulting and Software Implementation for managing manufacturing operations. By joining forces with Rockwell, we will be able to expand our market access and offer more customers the benefit of our strong industry expertise.”
The transaction is not expected to have a material impact on Rockwell’s 2020 financial results.
About Rockwell Automation
Rockwell Automation Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and information, makes its customers more productive and the world more sustainable. Headquartered in Milwaukee, Wis., Rockwell Automation employs approximately 23,000 people serving customers in more than 80 countries.
MESTECH Services is a leading global supplier of Manufacturing Operations Management (MOM) / Manufacturing Execution (MES) solutions. The company is a Recognized System Integrator with Rockwell Automation and has extensive experience in applying Rockwell Software based solutions in Automotive, General Discrete, and Life Sciences, Electronics and CPG industries. The company is headquartered in Pune, India and has locations in Germany and the United States. For additional information please visit www.mestechservices.com.
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Ike Theodore Umunnah
Director, Global Public Affairs
Head of Investor Relations
Source: Rockwell Automation, Inc.
Published October 1, 2019