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About Actuant

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  NYSE: ATU $32.55

History

HISTORY
Actuant Corporation is a relatively new name for an old company. Actuant's predecessor, Applied Power, was incorporated in Wisconsin in 1910. Prior to July, 2000, the company consisted of two segments, Electronics and Industrial. The Applied Power board of directors voted to distribute its Electronics Business to its shareholders in the form of a special dividend (the spin-off), which took place on July 31, 2000. The remaining industrial business was renamed Actuant.

  Actuant History (fiscal years)
2013 Significant portfolio management actions take place as Actuant plans divestiture of Electrical segment and acquires mooring solutions provider Viking SeaTech. Completes fiscal year with sales of $1.3B on a continuing operations basis.
2012 Actuant exceeds prior peaks for sales, earnings and cash flow. Deploys $70 million on Jeyco, Turotest and CrossControl acquisitions.
2011 Actuant acquires Mastervolt and Weasler entering the European marine, solar inverter and agriculture driveline markets.
2010Actuant celebrates its centennial.

Learn how Actuant survived and thrived during its First Century - read "A Drive to Lead" written by Milwaukee historian John Gurda.

Watch CEO Bob Arzbaecher and Actuant management ring the closing bell at the NYSE celebrating our Centennial.
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CEO Bob Arzbaecher talks with CNBC.
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2009 Actuant acquires Cortland adding a new platform (electro mechanical cables & umbilicals and engineered synthetic rope) to the portfolio.
2008Actuant acquires TK Simplex and Superior Plant Services, both tuck-ins to the Industrial Segment. Reaches $1.7B in total revenues.
2007Actuant reaches $1.5 billion in revenues and deploys $163 million of capital on five tuck-in acquisitions including Veha, Injectaseal, Maxima, TTF and BH Electronics.
2006Actuant Acquires D.L. Ricci, Precision Sure-Lock, Actown and BEP Marine.
2005Actuant acquires Hedley Purvis and Hydratight Sweeney - initiating the Joint Integrity platform. Also completes its largest acquisition to date - Key Components, Inc - which included Gits, Marinco, Acme and Elliott.
2004Actuant acquires Kwikee Products (RV), and Dresco B.V. (European Electrical), and successfully completes $150 million convertible bond offering.
2003Actuant acquires Heinrich Kopp A.G (European Electrical)
2002Actuant successfully completes $105 million follow-on equity offering, using proceeds to retire 35% of 13% Senior Subordinated Notes
2001Actuant divests its Mox-Med and Quick Mold Change (QMC) businesses.
2001Actuant acquires Dewald Manufacturing Inc.
2001Applied Power changes name to Actuant
2000Applied Power spins off its Electronics business segment into a separate public company called APW Ltd. The remainder of Applied Power, consisting of its former Industrial segment begins doing business as Actuant Corporation and trading on the NYSE as ATU.
1998Applied Power reorganizes into two business groups: Industrial and Electronics to reflect the growth of the electronic contract manufacturing business
1997Applied Power acquires Versa Technologies, including Power Gear and Milwaukee Cylinder
1996Applied Power starts a roll-up of electronic contract manufacturers with the acquisition of Everest
1992Applied Power common stock trading moves to the NYSE
1989Applied Power acquires Barry Wright Corporation
1988Applied Power acquires Gardner Bender from Gardner family
1987Applied Power initial public offering, trades on NASDAQ
1970Power-Packer founded
1959Gardner Bender founded by Jim Gardner
1958Enerpac founded
1927Applied Power enters hydraulic business with Blackhawk
1910Founded as American Grinder and Manufacturing