ERIKS, the major international industrial service provider, is continuing its long term expansion programme, with the recent acquisition of the US-based Carolina Control Depot (CCD). The acquisition was carried out through ERIKS' wholly owned operating company Industrial Controls.
Located in North Carolina, CCD is a leading distributor of HVAC Controls, and will be integrated into Industrial Controls to serve the North Carolina, South Carolina and Virginia markets. CCD will complement Industrial Controls' existing network of 18 branches and build upon the current instrumentation, valve and industrial component businesses in the Southeast US Region. The addition of CCD will provide Industrial Controls with an exceptional platform to broaden its HVAC product offering and increase its customer base.
About Industrial Controls
Founded in 1976, Industrial Controls is the leading distributor of controls, instrumentation, automation and automated valves in the United States. Industrial Controls serves over 10,000 blue chip customers with the industry's premier brands through its national network of branch offices and e-commerce/catalog capabilities.
Founded in 1940, ERIKS is a leading international industrial service provider offering a wide range of high-quality mechanical engineering components and associated technical and logistics services.
ERIKS' current product range, including the technical and logistics services that form part of it, is divided into five core activities: flow technology, sealing technology, bearing and power transmission, including electromechanical services and condition monitoring, industrial plastics, and tools and maintenance products. ERIKS currently consists of more than 65 companies with branches in 26 countries, serving over 200,000 customers. In 2011, ERIKS generated net sales of € 1.3 billion (USD 1.9 billion). ERIKS is a wholly owned subsidiary of SHV Holdings N.V., a private-held family company with net sales in 2010 of € 16.0 billion (USD 23.1 billion).