With the acquisition of the US company SpectraSensors, Endress+Hauser is tapping into the market for gas analysis. This further reinforces the position of the Swiss Group in the area of analytical measurements and in the oil & gas industry.
SpectraSensors Inc with headquarters in Houston, Texas, and production facilities in Rancho Cucamonga, California, develops, manufactures and distributes laser-based gas analytical instrumentation. The devices are used in natural gas pipelines and plants, petrochemical refineries and chemical plants as well as for atmospheric monitoring. The company employs about 90 people and generates annual sales of approximately 30 million US dollars.
"With SpectraSensors we are expanding our range in the field of analytics to include liquids and gases. In addition, we are strengthening our position as a supplier to the oil & gas industry," confirms CEO Klaus Endress, emphasizing the strategic dimension of the acquisition. "Gas analysis will play an important role in many future key markets, for example in safeguarding energy supplies – a significant and growing business." The CEO also sees possible applications in other customer industries. He expects potential synergies in worldwide sales and services, in addition to technology.
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