LONDON FCI has acquired IMPLO Technologies Inc. (Ontario, Canada), a developer of implosive connector products for the utility market.
The acquisition will enable FCI (Versailles, France) to use the technology developed by IMPLO with products the company provides for transmission interconnect applications.
FCI says the increasing acceptance of implosive technology as a means for the installation of transmission connectors for the utility marketplace is the result of intensive research & development coupled with successful testing and field installations. The family of IMPLO products will complement to FCI’s Burndy range of transmission products.
“This acquisition will make a solid long-term strategic contribution to FCI’s growing portfolio of quality connection systems with a focus on high voltage splicing and connection technology for Utility Transmission systems,” said Rodd Ruland, corporate vice president and general manager of FCI – electrical division (Burndy Products). “We are encouraged by the technology we are getting as part of this move and the customer base that IMPLO has developed.”
“The agreement with FCI is an important step forward and gives significant marketplace exposure to the technologies developed by IMPLO,” added Ciro Pasini, founder and president of IMPLO Technologies “Since the Burndy brand is well recognized and respected, I chose to become part of FCI to improve our ability to meet customer needs and develop new products while keeping the IMPLO entrepreneurial spirit and tradition of excellence in products and services for which we are known.”
According to its website Implo was established in 1991 when a senior utility design engineer, a renowned aluminum metallurgist, and an explosives expert combined their expertise and attention to focus on implosive joining technology. Its Implo Technologies division designs, manufactures and markets implosively compressed fittings for the high voltage conductor industry, under the XECONEX trade name.