SOURCE: Industrial Info Resources

Industrial Info Resources

February 24, 2014 06:15 ET

Schenck Process Acquires All Assets in Applied Plasma Physics AS and APP ModuPower AS, an Industrial Info News Alert

DARMSTADT, GERMANY--(Marketwired - Feb 24, 2014) - Effective December 23, 2013, Schenck Process has acquired all assets in the Norwegian companies Applied Plasma Physics AS and APP ModuPower AS (APP).

APP is one of the world's leading manufacturers of air pollution control systems and delivers state-of-the-art technology with its core product, the ModuPower High Frequency Switch Mode Power Supply.

"We are very excited that APP has joined the Schenck Process Group, especially since we already had a very close cooperation for years," said Dr. Jochen Weyrauch, the CEO of Schenck Process Group. "Integrating the ModuPower technology within our environmental controls solutions helps to support our customers to meet increasingly strict environmental regulations."

APP continues its business in Norway under the Schenck Process and Stock brand names and will trade as Schenck Process Norge AS. The company is now being integrated into Schenck Process' global network to benefit from its close customer relationships, its extensive technology and industry knowledge, and its global sourcing and production.

"The company and its associated technologies deliver great benefits to our customers within the coal and biomass fired power plant industry," said Robert Ciavarella, the Vice President-Power of Schenck Process Group and CEO of Stock Equipment Company. "We clearly see exciting opportunities emerging in the global power markets for the ModuPower."

About APP
APP has been successfully supplying air pollution control systems for more than 10 years. The technology company, with its own R&D division, focuses on fossil-fuel and biomass-fired power plants, as well as the food and feed industries, for which APP develops and manufactures high-voltage power supplies.

About Schenck Process
Schenck Process combines more than 130 years of experience with state-of-the-art technology. As one of the global leaders in measuring and process technology, Schenck Process develops innovative solutions for a wide range of industries, such as cement and steel, chemicals, plastics, food and pharmaceuticals, mining, coal- and biomass-fired power plants, and the process automation industries. Cutting-edge software solutions also are part of our portfolio. Schenck Process is represented by a global network of locations with the support of competent partners; a perfect way to combine an international presence and regional expertise.

Facts & figures

  • 3,200 employees worldwide
  • Schenck Process companies in 22 countries on all 5 continents
  • More than 130 agencies
  • More than 30 service bases worldwide
  • 22 production facilities worldwide
  • Revenues of more than 600 million euro

For more information, please visit http://www.schenckprocess.com.

Contact Information

  • Press contact:
    Schenck Process Holding GmbH
    Christoph Haar
    Head of Business Development & Marketing
    Pallaswiesenstr. 100
    64293 Darmstadt, Germany
    T + 49 (0) 61 51 15 31 3128
    Email Contact
    www.schenckprocess.com