Benshaw completed the acquisition of Hiconics Europe.

Benshaw, a provider of applied motor control solutions, completed the acquisition of Hiconics Europe, one of the largest manufacturers of medium voltage drives worldwide. Financial terms were not disclosed. "We are pleased to have the Hiconics Europe team bring their expertise to Benshaw and our affiliated companies — Aucom Electronics and Excel Industrial Electronics. We will build IEC rated products at our German factory and UL listed products in our Pittsburgh facility after completion of UL compliance testing," Pete Morgan, Benshaw President.