Rolls-Royce Acquires VT Controls
01 Sep 2003
The deal does not include the aerospace or oil and gas divisions of VT Controls .
VT Controls' marine division's main activity is the provision of power or automation systems on front line UK naval vessels, including the new Type 45 destroyer and Astute submarine projects.
It has also developed a presence in the commercial maritime sector, providing automation, power systems, system integration and aftermarket services.
VT Controls will be incorporated into the Rolls-Royce Marine Electrical Systems business set up earlier this year. The acquisition is seen as an important addition to the new business's capability as it ramps up to support marine projects involving major electrical systems.
Rolls-Royce will retain VT Controls' present Cosham, Portsmouth site, where 120 people are employed, and make it Rolls-Royce Marine Electrical Systems' headquarters.
MJ Information No: 18611
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