News: Instrumentation majors buy specialist vendors
Two large instrumentation and technology companies started the new year announcing acquisitions of smaller specialist suppliers:
Emerson has acquired Damcos Holding A/S, makers of valve control and tank management equipment for offshore and marine applications.
PerkinElmer has acquired a line of dynamic mechanical analysis (DMA) products from UK-based Triton Technology Ltd.
Emerson Process Management will take Damcos as one of its brands, expanding its capabilities for offshore and maritime markets. "We are excited about the addition of Damcos' marine tank management products and systems expertise," said John Berra, division president. "This key acquisition further extends our leadership in process control products and services into the marine and shipbuilding industry."
Damcos has production facilities in Naestved; Ry, Denmark; Busan, South Korea; and Shanghai, China. The acquisition includes all Damcos' technologies, manufacturing facilities, and employees. Terms of the purchase were not disclosed.
PerkinElmer's purchase is not of an entire company, but a product line and supporting technology. DMA instrumentation is used by scientists in the polymer, pharmaceutical, and food industries for applications ranging from quality control to advanced research. "This acquisition brings our customers a best-in-class thermal analysis tool that combines ease-of-use and flexibility with powerful performance," said Robert F. Friel, president of PerkinElmer Life and Analytical Sciences. "The new DMA 8000 represents the type of novel, next-generation technology we are investing in to continually provide solutions to customers to advance the pace and precision of their research and testing."
Control Engineering Daily News Desk
Peter Welander , process industries editor