Advanced engineering, hydraulic systems and fluid power solutions manufacturer, Oilgear, regains intellectual property rights (IPR) for mono-radial pumps following its recent re-acquisition of Andrew Fraser Pumps as it targets post-COVID appetite for green energy.
Oilgear has also acquired the manufacturing and test capability to design and manufacture the mono-radial pump range, from its Leeds base in West Yorkshire, UK. The re-acquisition is part of a wider strategy to target emerging industries, such as power generation technology and renewables, alongside its existing customer base.
The radial piston pumps are highly efficient and able to operate at high pressure, on high loads within high-speed environments. Suitable across a wide range of hydraulic fluids such as mineral oil, biodegradable oil, and cutting emulsions, this flexible technology with its low noise emission makes it very flexible in machine tooling across plastics, powder injection moulding, automotive industry and offshore energies.
Formed in 1945, Andrew Fraser and Co designed and manufactured mono-radial piston pumps and associated equipment for wide ranging markets including energy power stations, jacking pumps, hydraulic presses, oil refineries and marine across international markets. Subsidiary Andrew Fraser Pumps was the first UK company to produce radial piston pumps for a wide range of industries, including power stations and refineries, in the 1960s. The company was acquired by Towler Hydraulic in 1985, which was acquired by US-owned Oilgear in 1985.
In 2018 Andrew Fraser Pump & Machinery LTD procured the IPR for the Andrew Fraser mono-radial pump range. In April 2020, it came full circle as Oilgear acquired the mono-radial pump range IPR to diversify its existing portfolio of high-pressure pumps and valves, HPUs, control systems, and other associated products that service the power generation, subsea, oil and gas industries.
Read the article online at: https://www.energyglobal.com/special-reports/07072020/oilgear-acquires-intellectual-property-rights-of-andrew-fraser-pumps/