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Invensys


Invensys, the industrial engineering firm with 1,100 UK staff at sites including Crawley and Worthing, is to be acquired by Schneider Electric of France for £3.4bn.
05-Aug-2013


Invensys has agreed to sell its rail signalling division to Siemens for £1.7bn, with the transfer of about 4,000 staff.
29-Nov-2012


Invensys has acquired Skelta Software, the Indian developer of process management software with 130 staff.
22-Apr-2010


Invensys is setting up a new 17,000 sq ft headquarters for its technology business at 40 Grosvenor Place in London.
21-Apr-2010


Invensys has acquired Quantum Engineering, the US rail signalling and controls supplier, for £21m.
18-Sep-2008


Invensys is to sell APV, the West Sussex-based manufacturer of processing equipment, to SPX of the US for £250m.
01-Nov-2007


Invensys has sold its building management systems operations in the US and Asia to Schneider Electric of France for £157m.
25-May-2006


Invensys has sold its Lambda power supply business to TDK of Japan for £134m.
20-Jul-2005


Invensys has sold most of its Advanced Building Systems business to Schneider Electric of France for £81m.
09-Jun-2005


Invensys is to sell APV Baker Goldsboro, its US bakery equipment division, to Turkington Industries for £5.4m.
10-Aug-2004


Invensys is to sell its Hansen Transmissions gearbox manufacturing subsidiary to Allianz Capital Partners of Germany for £75m.
20-May-2004


Invensys is to sell its Powerware power supply systems business to Eaton Corporation of the US for £313m.
28-Apr-2004


Invensys is to sell its utility metering business, which includes 13 manufacturing facilities in the US and elsewhere, to IMS Meters Holdings for £388m.
23-Oct-2003


Invensys, the automation and controls group, is considering plans to relocate its headquarters from London to Boston in the US.
29-Sep-2003


Invensys has sold Teccor Electronics, its US semiconductor subsidiary, to Littelfuse for £27m.
09-Jul-2003


Invensys is to sell Baan, its Dutch software business, to Cerberus Capital Management and General Atlantic Partners for £84m.
03-Jun-2003


Invensys has sold Fasco Motors to Tecumseh Products of the US for £266m, as part of a strategy to focus on product management and energy management.
29-Nov-2002


Invensys has sold Drive Systems, the Littlehampton-based manufacturer of AC inverters and DC drives, to a management buy-out for £94m.
08-Oct-2002


Invensys has sold Rexnord, its US power transmission components division, to private equity firm Carlyle Group for £575m.
30-Sep-2002


Invensys has sold its industrial sensors division to Honeywell for £267m, as part of an ongoing strategy to reduce debt.
20-Aug-2002


Invensys has sold its CompAir compressed air and gas business to Alchemy Partners for a nominal sum.
15-May-2002


Invensys is to sell its flow control business to Flowserve of the US for £376m, in order to focus on factory automation and energy management.
22-Mar-2002


Invensys has sold the Integral Horsepower Motor division of Brook Crompton to Lindeteves-Jacoberg of Singapore for £17m.
10-Jan-2002


Invensys is selling its power storage business, which includes 5,000 employees in nine countries, to EnerSys of the US for £348m.
08-Jan-2002


Invensys has sold its Hoffman vacuum systems business in the US to Gardner Denver for £31m.
05-Sep-2001


Invensys has sold Oldham Gas, the French manufacturer of instruments to monitor gas emissions, to a management buy-out for £18m.
16-Jan-2001


Invensys has acquired Meterpoint Data Services, the provider of meter reading services, from Seeboard for £37m.
21-Nov-2000


Invensys is to sell its pneumatics business to Parker Hannifin of the US for £27m.
19-Sep-2000


Invensys is to shed 34 of the 360 jobs at its Hawker Energy Storage industrial battery factory in Tameside, in order to relocate the manufacture of monobloc batteries to eastern Europe.
11-Sep-2000


Invensys has announced a £468m takeover offer for Baan, and plans to improve the profitability of the Dutch software company by cutting about 1,000 jobs.
01-Jun-2000


Invensys has sold Westinghouse Brakes, the rail industry supplier, to Germany's Knorr-Bremse for £65m.
27-Apr-2000


Invensys has sold its automotive sealing systems business to CVC Capital Partners for £245m, and expects to complete its £1.8bn disposal programme by March.
31-Jan-2000


Invensys has agreed to sell its automotive anti-vibration system business to Trelleborg of Sweden for £160m.
28-Dec-1999


Invensys has sold its aerospace division to Smiths Industries for £109m, and its Australian automotive casting business to Mezzanine Investments for £20m.
17-Dec-1999


Invensys has sold its DCE dust control business to Donaldson Company of the US for £33m.
14-Dec-1999


Invensys has sold its US automotive fluid handling division to Cooper Tire & Rubber for £150m, as part of a strategy to focus on automation and controls.
24-Nov-1999


Invensys has acquired Best Power, the US manufacturer of uninterruptible power supplies, for £145m.
19-Nov-1999


Invensys has sold its Australian-based business that produces engineered polymers for the car industry to Austrim Nylex for £42m.
18-Nov-1999


Invensys is selling its paper technology division to Apax for £491m, as part of a strategy to focus on automation and controls.
14-Oct-1999


Invensys is acquiring UK Data Collection Services for £38m and Com-Trol of the US for £14m, as part of a strategy to expand into software and services.
10-Aug-1999


Invensys has sold Rieth, its German cable support systems business, to Van Geel of the Netherlands for £7.5m, in order to focus on automation and controls.
22-Jul-1999


Invensys is to acquire Marcam, the US supplier of enterprise resource planning software, for £38m.
28-May-1999