Electrical firm acquired

Electrical firm acquired

MELBROUNE (Reuter): BTR Plc's Australian subsidiary BTR Nylex
Ltd said it acquired 51 percent of the equity of Australian-based
Universal Motor Control (UMK) and its Indonesian subsidiary PT
Kontrol Ragam.

The acquisition of UMK, which manufactures custom-made
electrical control equipment, was made through Tamco Corporate
Holdings Sdn Bhd, part of BTR Nylex's majority-owned unit, Nylex
(Malaysia) Bhd, BTR Nylex said.

It said UMK has expanded rapidly in South East Asia and has
won orders totaling US$30 million in Indonesia, Thailand, Hong
Kong and Singapore. Price was undisclosed.