Home

Who We Are

News

Investors

Careers

OUR 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. Events below detailed by fiscal year:

2016

2016

2015

2014

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2001

2001

2000

1998

1997

1996

1992

1989

1988

1987

1970

1959

1958

1927

1910

Larzep SA and FourQuest MENAC acquired.

 

Actuant names Randal Baker President and CEO

 

Actuant names Board President Bob Arzbaecher interim CEO

 

Actuant Acquires Hayes Industries, Ltd

 

CEO transition to Mark Goldstein, along with sale of electrical segment and RV business cap off this $1.4B revenue year.

 

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.

 

Actuant exceeds prior peaks for sales, earnings and cash flow. Deploys $70 million on Jeyco, Turotest and CrossControl acquisitions.

 

Actuant acquires Mastervolt and Weasler entering the European marine, solar inverter and agriculture driveline markets.

 

Actuant celebrates its centennial.

 

Actuant acquires Cortland adding a new platform (electro mechanical cables & umbilicals and engineered synthetic rope) to the portfolio.

 

Actuant acquires TK Simplex and Superior Plant Services, both tuck-ins to the Industrial Segment. Reaches $1.7B in total revenues.

 

Actuant 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.

 

Actuant Acquires D.L. Ricci, Precision Sure-Lock, Actown and BEP Marine.

 

Actuant 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.

 

Actuant acquires Kwikee Products (RV), and Dresco B.V. (European Electrical), and successfully completes $150 million convertible bond offering.

 

Actuant acquires Heinrich Kopp A.G (European Electrical)

 

Actuant successfully completes $105 million follow-on equity offering, using proceeds to retire 35% of 13% Senior Subordinated Notes

 

Actuant divests its Mox-Med and Quick Mold Change (QMC) businesses.

 

Actuant acquires Dewald Manufacturing Inc.

 

Applied Power changes name to Actuant

 

Applied 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.

 

Applied Power reorganizes into two business groups: Industrial and Electronics to reflect the growth of the electronic contract manufacturing business

 

Applied Power acquires Versa Technologies, including Power Gear and Milwaukee Cylinder

 

Applied Power starts a roll-up of electronic contract manufacturers with the acquisition of Everest

 

Applied Power common stock trading moves to the NYSE

 

Applied Power acquires Barry Wright Corporation

 

Applied Power acquires Gardner Bender from Gardner family

 

Applied Power initial public offering, trades on NASDAQ

 

Power-Packer founded

 

Gardner Bender founded by Jim Gardner

 

Enerpac founded

 

Applied Power enters hydraulic business with Blackhawk

 

Founded as American Grinder and Manufacturing

The Drive to Lead

 

Read John Gourda's history of Actuant The Drive to Lead

VIEW PDF

ACTUANT CORPORATE OFFICE

N86 W12500 Westbrook Crossing

Menomonee Falls, Wisconsin 53051

United States

800.624.5242 General Information

262.293.1500 Phone