Inovance’s Monarch Merges with BST

  Enquiry / contact me

Monarch BST will be a unified unit focused on manufacturing and R&D for elevator control technology

Industrial Equipment & Supplies, Motors & Drives

Inovance’s Monarch Merges with BST
Inovance’s Monarch Merges with BST

Inovance, China’s largest industrial automation group, has acquired BST and merged it with Monarch, Inovance’s elevator business unit. The merger will allow to draw from Monarch’s expertise in elevator control technology and BST’s knowledge and extensive range of customer-facing electronic control components. The expanded portfolio will now cater better to customers’ needs for customized elevator products and solutions.

Easy integration for elevator control solutions

Bob Shao, CEO of Monarch BST, described the merger as a “strong complimentary fit”, stating that the most important benefit for the customer will be the “easy product integration that will be enabled by Monarch BST’s complimentary technology. Joining Inovance is of strong benefit to BST because the significant size of the Inovance Group offers a rock-solid base of support and a strong source of expertise and investment into manufacturing and R&D.”

Posted on October 28, 2019 - (238 views)
Related articles
Constant Force Springs for Carbon Brush Application
Haydon and Mobidiag in the fight against the COVID-19 virus
Hydraulic Systems are the Heartbeat of Industry: Unlock their Potential
A Passion for Welding
Online Gas Spring Calculation Program
How Has the Pandemic Changed Reading Habits in the Trade Industry?
Building More Resilient Supply Chains: Vietnam's Attractiveness Explained
Polypropylene-like Material for 3D Printers
3D Printing in Space: What I Learned From My Astronaut Journey
Social Distancing in Production and Logistics
Next Generation of Industrial Gas Springs
Unique IR Solutions
Visually & Metal Detectable Components
Filter Fans FF Series
Cable Transmitter for Temperature
Visually and Metal Detectable Components
Flat Pair & Twin Twisted Pair Thermocouple Cables
Drives & Controls 2020: The Home of Automation
Engineered Assemblies for the Power Industry
Eurosatory Worldwide Exhibition
Constant Force Springs for Carbon Brush Application
Haydon and Mobidiag in the fight against the COVID-19 virus
Hydraulic Systems are the Heartbeat of Industry: Unlock their Potential
Polypropylene-like Material for 3D Printers
ELGi Compressors Deliver Energy Efficiency Gains to Rubber Resources’ Manufacturing Processes in The Netherlands
Filter Fans FF Series
Compact Triaxal Accelerometer
Permanent Magnet Synchronous Reluctance Motor
Custom Modular Encoders and Rings
Application of Constant Force Spring for Carbon Brush