The UK based global engineering and reliability group, AES Engineering Ltd, has further increased its reliability services and product offering in North America by acquiring a controlling stake in the reliability company, Condition Monitoring Services (CMS), for an undisclosed sum.
The group also owns AESSEAL®, in Rotherham, the world’s largest homogeneous designer and manufacturer of mechanical seals. This latest expansion in the global market follows acquisitions in the Netherlands, Canada, Australia and USA.
CMS, headquartered in Las Vegas, Nevada focuses on the states of California, Nevada, Arizona, Utah & Colorado with a specialised skill set in the power generation & municipal sectors. CMS is a recognised leader in reliability and vibration monitoring services executing prevention and problem solving with machinery, foundations and structures.
The acquisition will allow the existing customers of CMS to benefit from a wider product and service offering from the AES Reliability Group of companies owned by AES Engineering Ltd.
By joining the AES Engineering Group, CMS customers gain access to world-class reliability products such as Machine Sentry™ the cloud-based condition monitoring system and EasyBrace™, the universal bracing system designed for the reduction of structural vibration in small bore pipes.
CMS President Kirk Cormany said:
The selection of AES Engineering Ltd as our partner was an easy decision due to their product technology, similar dedication to customer service and reliability focus. This partnership allows us to immediately meet the demand from customers for an expanded product range as well as opening new opportunities in other markets.
Chris Rea, Group Managing Director of AES Engineering Ltd said:
The acquisition of CMS supports our strategic decision to globalise our reliability focused businesses and further strengthens our customer reliability offering in the important North American market.
The acquisition was completed on 6th August 2024.
