SSD Drives - Ownership and Business Overview

Electrical EquipmentCompany

SSD Drives Ownership

Who owns SSD Drives?

SSD Drives is owned by Parker Hannifin. It was acquired on August 15, 2005.

SSD Drives Business Overview

Where is SSD Drives headquartered?

SSD Drives is headquartered in Charlotte, North Carolina.

How many employees does SSD Drives have?

SSD Drives has 1,000 employees.

What sector is SSD Drives in?

SSD Drives is an electrical equipment company.

When was SSD Drives founded?

SSD Drives was founded in 1947.

Electrical Equipment M&A Summary in 2005

Out of 60 sectors in the Mergr database, electrical equipment ranked 22 in number of deals in 2005. The largest electrical equipment acquisition in 2005 was SAIA-Burgess Controls - which was acquired by Johnson Electric Holdings for $723M.

Join Mergr to view all 71 acquisitions of electrical equipment companies in 2005, including 25 acquisitions by private equity firms, and 46 by strategics.

SSD Drives, Inc.

9225 Forsyth Park Drive,
Charlotte, North Carolina 28273-3884
United States,
(704) 588-3246
www.ssddrives.com

SSD Drives, Inc. is a designer, manufacturer and marketer of drives (AC and DC) and servos (drives/motors). Drives are electronic equipment that controls the direction, speed and torque of motors used within industrial automation process. SSD has been making drives since 1965.


Company Summary

SECTOR

Electrical Equipment

Revenue

165   2005
(millions of USD)

Employees

1,000

Established

1947

Former Name

Eurotherm Drives Ltd.

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