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R.W. Beckett Acquiring Fida

R.W. Beckett Corp. announced July 24 that it is acquiring Fabbrica ltaliana Dispositivi d’ Accensione, a company in Venice, Italy, that manufactures ignition transformers and accessories.

Built since 1945 by two generations of the Graziati family, Fida provides innovative technical solutions while remaining committed to the local community, R.W. Beckett Corp. said in announcing the acquisition. Francesco De Simone will continue in the role of managing director of Fida. Leadership continuity was important, R.W. Beckett said in its statement.

Beckett, like Fida, is a private manufacturing company. Founded in 1937, Beckett has more than 80 years of history in combustion. It has long acknowledged significant differences in technology and market requirements of the European power-burner market, thus strategically focusing on North America. CEO and President Kevin Beckett said, “We welcome the opportunity to demonstrate to global burner companies that we are a world class component supplier in igniters — a product line we have known well for nearly 20 years with our own design and production capabilities.” To learn more about the R.W. Beckett companies, visit www.beckettcorp.com. For more information about Fida, visit www.fidasrl.eu.

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