Unison acquires PHI Hydraulics

Unison, the U.K. manufacturer of tube and pipe bending machines, has entered into a definitive agreement to acquire the assets of California-based production machinery and tooling specialist, PHI.

The acquisition is designed to enhance Unison’s product portfolio and market position. In the United States, it could help accelerate the growth of Unison’s Virginia-based division, Unison Tube.

Under the terms of the acquisition, PHI’s products will be welcomed into the Unison family. These include manual and hydraulic tube and pipe bending machines and tooling; end-forming machines and tooling for tube and pipe flaring, flanging, beading and squaring and deburring; manual and motorized hydraulic presses; and automated welding systems.

In addition to expanding Unison’s tube bending portfolio, the acquisition will introduce complimentary tube end-forming technologies to its machine tool range and enable product diversification thanks to PHI’s other lines. Unison is also expected to retain certain key personnel from PHI – based in the City of Industry, California.

"This is a pivotal moment for us," said Unison Joint Managing Director Alan Pickering. "The assets we are acquiring from PHI are a perfect fit for our long-term vision. They bring us critical market and customer reach with proven products that will allow us to better serve our customers and accelerate our growth and innovation timelines. We are excited to welcome the talent, expertise and time-tested designs from PHI as we move forward."

Anthony D. Morrow, president of PHI, added: “We are confident that these assets will thrive under Unison’s leadership. Our team is excited to facilitate a smooth and quick transition that ensures the care of and meets the needs of current and future customers."