Rotork to acquire Noah for £44m.

Rotork, a global provider of mission-critical intelligent flow control solutions, offered to acquire Noah, a South Korean manufacturer of electric actuators, for £44m. "I am excited to welcome Noah to the Rotork family. The bolt-on Noah acquisition is consistent with Rotork's Growth+ strategy and is complementary to our product offering in electric actuators. The combination of Noah's products with Rotork's international sales network offers the potential for significant sales synergies in the medium term," Kiet Huynh, Rotork CEO.