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ISCAR PentacutISCAR QUICK3CHAM

Unison Ltd Completes Purchase of California-Based PHI Hydraulics



(l-r) Anthony D. Morrow, President, PHI Hydraulics; and Stuart Singleton, Vice President and North American Sales Manager, Unison Tube LLC

Unison Ltd, inventor of all-electric tube manipulation and manufacturer of tube and pipe bending machines, has completed its acquisition of California-based production machinery and tooling specialist, PHI Hydraulics.

For Unison Ltd and its North American division, Danville, VA-based Unison Tube LLC, the acquisition further enhances its already extensive product portfolio.

The purchase of PHI will introduce additional end-forming technologies and tooling for tube and pipe flaring, flanging, beading, and squaring and deburring to the Unison product range, with end-forming machines in the PHI range covering tube and pipe diameters from as little as 0.125" (3.175 mm) to 8" (20 cm). Due to PHI's other products, Unison will also benefit from greater product diversification. These include manual and hydraulic tube and pipe bending machines and tooling, as well as manual and motorized hydraulic presses.

For PHI and its customers, the acquisition by Unison brings faster response times, shorter product lead times, new product innovations, advanced levels of automation, and the benefit of Unison's customer support. PHI's extensive customer base will also benefit from a more direct route to Unison's ultra-precise, all-electric tube bending machines, its controls, software, tube scanning, and bend simulation technologies.

"We decided that the best way to ensure the future success of the PHI name, its products, and brand reputation, was to seek acquisition," said PHI President Anthony D. Morrow. "It was clear from the outset that the Unison team does everything we do and more-and is passionate about understanding and exceeding the needs of its customers. As a result, I am confident the future of PHI and the tube manipulation requirements of its customers could not be in better hands."

"We are delighted to welcome PHI into the Unison family of companies," added Unison Ltd's Joint Managing Director, Alan Pickering. "PHI's product range and customer base will not only enhance our product portfolio and market position, but will also help affirm Unison Tube LLC as a key provider of tube forming technologies in the United States. Acquiring PHI and its key personnel is significant for us. The assets we have obtained are a perfect fit for our long-term growth strategy. They bring critical market reach and proven products that, along with our own technologies, will enable us to better serve our existing customer base, PHI's customers, and new customers globally. We are particularly excited to embrace the talent, expertise, and time-proven designs that have helped make PHI the machine tool manufacturer of choice for many of the world's leading companies."

Established 85 years ago, PHI has a long history of supporting the tube bending and end-forming machine tool needs of countless U.S. and internationally based organizations, especially across the aerospace sector. This history includes the company's predecessor brands, Leonard Precision Products and Conrac Machine Tool.

For more information contact:

Unison Tube LLC

240 Eastwood Drive

Danville, VA 24540

828-808-4286

sales@unisonltd.com

www.unisonltd.com

PHI Hydraulics

14955 Salt Lake Ave.

City of Industry, CA 91746

626-968-9680

www.phihydraulics.com

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