is a
British Engineering company, headquartered in
London ,
England . It was formed by the merger of '''Siebe''' and '''BTR''' in
1999 . The company is multinational with operations in over 60 countries, employing over 35,000 employees. Invensys is quoted on the
London Stock Exchange as part of the
FTSE 250 Index . As of March 2005, its
Market Capitalisation is approximately £1.1 billion.
Invensys is made up of six core independent businesses in three categories -
- Invensys Process Systems
- ---designs, manufactures, supplies, installs, commissions and tests software and computer-based hardware for the automation and regulation of plant operations, the management of certain administrative functions of manufacturing businesses and simulations of the operations of manufacturing processes. Major brand-names are , Wonderware , '''Triconex''' [http://www.triconex.com , '''SimSci-Esscor''' and '''Avantis''' [http://www.avantis.net .
- Eurotherm
- ---provides control and measurement instrumentation solutions and services for the global industrial and process markets.
- Aluminium Plant & Vessel Company (APV)
- ---provides process equipment, automation, project management and services to food, beverage, personal care, pharmaceutical, chemical and other industrial producers.
- Invensys Rail Systems
- ---designs, manufactures, supplies, installs, commissions and tests safety-related rail signaling and control systems for mainline, metro and freight railways.
- Invensys Controls
- ---provider of components, systems and services used in appliances, heating, air condition/cooling, refrigeration and safety products as well as building systems across a wide range of industries in residential and commercial markets. IMServ Europe is a member of Controls. Controls develops the Robertshaw thermostats and FireX smoke detectors.
- Wonderware
- ---leading supplier of industrial automation and information software solutions.
Invensys is currently undergoing a restructuring programme after the poor performance of its shares since creation in
1999 . At the time of creation, Invensys was worth around £16 billion. Large debts and falling sales had led to the danger of the company going bankrupt. However, the disposal of non-core assets and a debt restructure has saved the company from collapse.
