Hoerbiger concludes acquisition of Altronic

Hoerbiger Holding AG (Zug, Switzerland; www.hoerbiger.com) has acquired Altronic, Inc. (Girard, Ohio), effective January 1, 2009. Hoerbiger will integrate the company into the Business Division Engine Solutions, and therefore into the Strategic Business Unit Compression Technology. Altronic has locations in Girard, Ohio, Garland, Tex. and Morrison, Ill. as well as Nuenen, Netherlands, and Moscow, Russia. With the acquisition of Altronic, Hoerbiger will become a leading provider of ignition systems for stationary gas engines worldwide. Hoerbiger Compression Technology is the market leader for key components and services for the reliable, efficient, and clean operation of compressors. For more than ten years, Hoerbiger has also been committed to the environmentally sound operation of large bore engines: In 1998, the company developed an electronic injection valve for retrofitting older gas engines. Based on this product Hoerbiger started to offer engine upgrade services as early as 2000. In 2004, Hoerbiger ValveTec GmbH was founded in Vienna, Austria. The company is considered the innovation leader for fuel injection valves for gaseous fuels, especially hydrogen and natural gas. In 2007, the integration of Mecel Engine Systems followed,…