01 Februari 2024
Process Sensing Technologies (PST), a leading global supplier of measurement and monitoring systems for process-critical applications, is successfully expanding its market position by completing three strategic acquisitions: SensoScientific Inc, Fluid Components International (FCI) and Sensore Electronic GmbH expand the range of technologies and services and create significant synergies.
Expansion into IoT-based monitoring with SensoScientific Inc.
The acquisition of SensoScientific, a specialist in IoT-based environmental monitoring solutions, marks a significant step for PST in the health and life sciences industry. With an outstanding reputation in the development of wireless temperature monitoring systems that meet stringent environmental control standards, SensoScientific will strengthen PST's offering of innovative monitoring tools and cloud-based technologies.
Entering the flow measurement market with Fluid Components International
With the integration of FCI, a renowned manufacturer of thermal mass flow meters and switches, PST enters the flow measurement sector. FCI's technology, known for superior measurement accuracy and reliability, expands PST's product range and measurement capabilities, allowing the company to offer even more comprehensive solutions to its customers in various demanding industries such as chemical, oil and gas, energy and more.
Expanding the sensor portfolio with Sensore Electronic GmbH
The acquisition of Sensore Electronic GmbH, a specialized manufacturer of zirconia oxygen sensors, strengthens PST's position in the development and manufacture of high-performance sensors. Sensore's sensors, which are characterized by quality, accuracy and reliability, give PST access to new OEM applications and expand its existing capabilities in the field of oxygen measurement.
Shared vision and future-oriented strategyAdam Markin, CEO of PST, commented on these significant developments: "The acquisitions of SensoScientific, FCI and Sensore are game-changers for the future of PST. Each of these companies brings unique expertise and technological innovation that will enrich our portfolio and strengthen our position as a market leader in measurement and monitoring technology. We are excited about the synergies resulting from these acquisitions and look forward to offering even more comprehensive solutions to our customers."
The founders and leadership teams of SensoScientific, FCI and Sensore will play a central role in integrating their technologies and expertise into the PST Group. These moves are part of PST's ongoing strategy to expand the company's portfolio through targeted acquisitions and partnerships to meet the growing and changing needs of its customers worldwide.