Drive Lines Technologies Acquired by RARUK Holdings
Power transmission solution provider Drive Lines Technologies Ltd has been acquired by RARUK Holdings Ltd, joining the RARUK Group. The acquisition will ensure the future security of Drive Lines Technologies and will allow RARUK Holdings to explore new markets.
Drive Lines Technologies has
over thirty years’ experience in supplying mechanical power transmission
components in Great Britain and Ireland, from manufacturers across the world.
The company’s product range includes gear boxes, screw jacks and linear motion
drives. Following the acquisition, Drive Lines Technologies have relocated to
RARUK Holdings’ headquarters in Shefford, Bedfordshire. Other than the change
in location and ownership, Drive Lines Technologies will continue to operate as
a separate entity. Ian Carr will continue in his role as Managing Director,
ensuring the transition is handled as smoothly as possible.
RARUK Holdings already has two
operating companies, R. A. Rodriguez (UK) Ltd and RARUK Automation Ltd.
Established in 1968, R. A. Rodriguez are exclusive representatives to a number
of leading international component manufacturers from Europe, USA and Japan. The
R. A. Rodriguez product range includes quality gears, bearings, drives and
actuators. Meanwhile, RARUK Automation are a UK supplier of innovative
automation solutions, including collaborative robots, autonomous mobile robots,
automated warehouse storage solutions and flexible feeding systems.
“I am extremely pleased to be
operating as part of the RARUK group,” said Ian Carr, Managing Director of
Drive Lines. “The synergy between our companies and the working culture were
key drivers in the acquisition journey.
I have long been an admirer of the RARUK business model and can think of
no better ‘home’ for the future of Drive Lines.
We look forward to providing power transmission solutions to our
customers for many generations to come.”
Similarly, Peter Williamson,
Managing Director of RARUK Holdings, commented: “The acquisition of Drive Lines
is a very positive move for the RARUK Group for two main reasons. Firstly, the Drive Lines product portfolio
and customer base perfectly complements that of R. A. Rodriguez. Secondly, the
culture of providing high quality manufactured engineering solutions with
market leading technical support and service is an exact match for the
principles of the RARUK Group.”