Rotork plc — News

Rotork PLC's (LSE:ROR) agreement to a £4.1 billion takeover by Switzerland's ABB sparked a rally across the FTSE industrial engineering sector, adding to evidence that overseas buyers continue to target UK manufacturers. Shares in the FTSE 250-listed flow control specialist surged 67% to 486p after ABB agreed to pay 503p a share in cash, with shareholders also eligible to receive an interim dividend of up to 3p.

proactiveinvestors.com - 2026-07-16 10:46:10

Shares of British engineering company Rotork surged 67% on Thursday after Swiss industrial giant ABB agreed to acquire the company for $5.5 billion in the largest acquisition in ABB's history, extending a wave of foreign takeovers that is reshaping the UK stock market. The recommended cash offer eclipses ABB's previous biggest acquisitions, including its $4.2 billion purchase of Baldor in 2011 and its $3.9 billion acquisition of Thomas & Betts a year later.

invezz.com - 2026-07-16 04:11:04

Rotork PLC's (LSE:ROR) agreement to a £4.1 billion takeover by Switzerland's ABB sparked a rally across the FTSE industrial engineering sector, adding to evidence that overseas buyers continue to target UK manufacturers. Shares in the FTSE 250-listed flow control specialist surged 67% to 486p after ABB agreed to pay 503p a share in cash, with shareholders also eligible to receive an interim dividend of up to 3p.

proactiveinvestors.co.uk - 2026-07-16 03:47:04

Rotork PLC (LSE:ROR) has agreed to a £4.1 billion takeover by Swiss engineering group ABB, in the latest high-profile acquisition of a FTSE 350 company. The industrial equipment maker recommended the 506p-a-share cash offer, which represents a 73% premium to yesterday's closing share price and a 63% premium to the average price over the past three months.

proactiveinvestors.co.uk - 2026-07-16 03:06:56

Under the agreement, shareholders would receive $6.81 for each Rotork share, a 60% premium to the company's three-month average share price.

wsj.com - 2026-07-16 02:01:00

FORT COLLINS, Colo. & BATH, England--(BUSINESS WIRE)--Parameter and Rotork, market-leading global providers of mission-critical infrastructure monitoring systems and flow control and instrumentation solutions, have aligned their respective technologies to improve leak detection, isolation and mitigation in liquid-cooled data centers. The collaboration is focused on combining Parameter's real‑time leak detection and monitoring technologies with Rotork's compact, fast and reliable electric actuat.

businesswire.com - 2026-06-03 09:00:00

We believe Brenntag trades at an attractive valuation and are encouraged by the new management team's recent efforts to improve operational efficiencies. Other portfolio companies include Smiths Group and Rotork, which should benefit from increased global energy infrastructure investment, given the need for reliable and safe energy systems. We believe that oil price volatility will continue to accelerate the structural demand for alternative energy solutions and electrification. To that end, we invested in SolarEdge Technologies and Landis+Gyr.

seekingalpha.com - 2026-05-20 09:00:00