26.10.2011 ERIKS to acquire Industrial Controls by the end of October 2011

From Executive board ERIKS nv

Telephone +31-72 54 75 888

Date 27 October 2011

Subject ERIKS to acquire Industrial Controls by the end of October 2011

About Industrial Controls

Founded in 1976, Industrial Controls is the leading distributor of Controls, Instrumentation, Automation and Automated Valves in the U.S. Industrial Controls serves over 10,000 blue chip customers with the industry’s premier brands through its national network of 17 branch offices and e-commerce capabilities. Industrial Controls generates with 150 employees an annual sales level of approx. 84M USD.
For more information please visit www.industrialcontrolsonline.com

Industrial Controls provides ERIKS with a platform for growth in Controls & Instrumentation in North America. Industrial Controls also strengthens ERIKS’ position as a global industrial service provider.
The activities of Industrial Controls will be developed as an independent wholly owned subsidiary within ERIKS. Industrial Controls will significantly strengthen ERIKS’ market position in the United States.

For more information please visit www.eriks.com