Parvalux purchases EMD

Parvalux Electric Motors has paid an undisclosed cash sum to Rubicon Partners for Essex-based geared motor manufacturer EMD Drive Systems.

Parvalux Electric Motors has paid an undisclosed cash sum to Rubicon Partners for Essex-based geared motor manufacturer EMD Drive Systems.

Parvalux said it plans to align the two businesses to become the UK’s largest combined manufacturer of small electric-geared motors.

The combined business is projected to turnover £18.5m in 2009 with an output in excess of 300,000 items manufactured solely in the UK.

Justin Levine, managing director of Parvalux, said: ‘We are focused upon an aggressive growth strategy that the combined strengths of the new business will help to facilitate.

‘The management talent at EMD will complement our existing team, we will be able to expand our combined-product offer across Parvalux and EMD sales channels and the combination of R and D expertise of the respective development teams will offer significant advantages: specifically, we’ll be able to offer EMD’s application knowledge with Parvalux’s customisable geared motor technologies.'

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