Major mergers and acquisitions in the instrumentation industry in 2018

Major mergers and acquisitions in the instrumentation industry in 2018
Under the conditions of market economy, mergers and acquisitions are an important means for enterprises to concentrate capital and achieve capital expansion. They are also an important way to adjust the industrial organization structure and optimize resource allocation. Today, Huaheng Instrument takes you back to the major mergers and acquisitions in the instrumentation industry in 2018.

pressure transmitter
pressure transmitter OEM


Emerson Electric Announces Acquisition of GE's Smart Platform Business

In October 2018, Emerson announced that it had agreed to acquire GE's Intelligent Platforms division. General Electric's programmable logic controller (PLC) technology will enable Emerson to become a leader in process and industrial application automation, helping customers to more broadly control and manage their operations.

The acquisition provides Emerson with opportunities for mechanical control and discrete applications in the process industry and target blend markets, including metallurgical minerals, life sciences, food and beverage, and packaging.

Emerson Chairman and CEO David N. Farr said: "The addition of GE's smart platform business will give Emerson more power in the automation arena while improving our satisfaction across processes, blending and discrete The ability to market demand.” He said that this is another important investment in Emerson's global automation technology portfolio. The newly incorporated discrete and mechanical control capabilities will strengthen the company's expertise in process control and help customers better. solution.

ABB Completes Acquisition of GE Industrial Solutions for a total of US$2.6 billion

In June 2018, global power company ABB announced the completion of its acquisition of General Electric Industrial Solutions Branch (GEIS).

On September 25, 2017, ABB announced that it will acquire GE's industrial systems business, GE's global electrification solution business, with a purchase price of US$2.6 billion. ABB Group CEO Shi Bifu said: "By acquiring GE's industrial systems business, we will strengthen our leading position in the global electrification market and expand our market share in the US. In addition, our long-term strategic supplier relationship with GE will also enable This transaction creates greater value for shareholders."

According to ABB, after the transaction is completed, GE Industrial Systems will be integrated into ABB's Electrical Products Division, enabling ABB to offer a more unique global product portfolio and comprehensive solutions to North American and global customers. ABB's innovative technology and ABB's AbilityTM digital solutions, complemented by complementary solutions and market channels from GE's industrial systems, will bring greater benefits to customers. ABB will retain the management team of GE Industrial Systems and further strengthen its sales channels. ABB plans to restore the target profit margin of the electrical products business to 15-19% by 2020.

Yokogawa will acquire all shares of NKS

In November 2018, Yokogawa and NKS jointly announced that Yokogawa will acquire all the shares of NKS. NKS is a specialist in the validation of pharmaceutical, medical and food equipment, as well as the calibration of measuring instruments, with advanced technology and expertise in these areas. NKS became a member of the Yokogawa Group and will enable Yokogawa to expand its life innovation business and expand the portfolio of solutions. The acquisition is scheduled to be completed on December 3, 2018.

Yokogawa will add the expertise of NKS's validation and calibration to the life innovation business solution. Combining them with existing imaging equipment, control systems and software packages for manufacturing management and quality control, Yokogawa will not only provide solutions for basic research, development, production and logistics, but also for pharmaceuticals and Solutions for production facilities and instruments in the food industry. In addition, Yokogawa plans to use NKS's technology and knowledge to improve new solutions for cell-based pharmaceutical manufacturing and bio-polluting management currently under development.

US Mike Instruments Corporation wholly-owned acquisition of P.I.D

On August 1, 2018, Mike Instruments, a leading global supplier of materials characterization instruments, announced the acquisition of P.I.D. (Process Integral Development S.L. (PID Tech & Eng)).

P.I.D provides a modular laboratory microreactor system for catalyst activity testing and yield and kinetic studies of chemical reactions. In addition, it also provides a standard pilot plant system and professional laboratory equipment.

“We are pleased to welcome PID to join the US family of Mike Instruments.” Mr. Preston Hendrix, President of Mike Instruments, said, “In the past few years, we have become a distribution partner of PID. The acquisition has deepened. Our portfolio of products and services characterized by catalysts, we have been active in these areas and have a large user base in the world. In addition, PID companies are also in the market provided with our pilot plants, custom equipment and services. Dealing with adjacent workplaces has increased the breadth of our business."

Mr. Aleix Bargans, Chairman and President of P.I.D., added, "Mike Instruments provides the ability to accelerate the growth of infrastructure and P.I.D's global operations. We are excited to be a member of Mike Instruments."

Tianrui Instrument acquired 24 million shares of Qihe Science and Technology Co., Ltd.

On May 16, 2018, Tianrui Instrument announced that the company held the first (provisional) meeting of the fourth board of directors, and reviewed and approved the “Proposal on Acquiring the Holding Subsidiary of the Holding Subsidiary.”

According to the announcement, in May 2018, the company and its holding subsidiary Shanghai Yihe Scientific Instrument Co., Ltd. (hereinafter referred to as “Qihe Keyi”) minority shareholders Zhao Xuewei and Wang Hong signed the “Payment of Cash Purchase Assets Agreement”. With its own funds of 24 million yuan, it acquired the 6% stake in Qihe Science and Technology held by Zhao Xuewei and Wang Hong. Prior to the transaction, the company held a 55.42% stake in the company, Zhao Xuewei held a 17.81% stake in the company, and Wang Hong held a 7.46% stake in the company.

It is understood that the increase in revenue of the company in 2017 is mainly based on the rapid growth of traditional business, and the online environmental monitoring business quickly occupied the market and formed a scale. The products of the company can be divided into pre-processing systems, analytical systems, consumables and online monitoring systems.

Jinka Intelligent acquired 51% equity of Yilian Cloud Integrated cloud service business

On April 4, 2018, Jinka Intelligent announced that in order to further integrate the company's cloud service business, the company intends to acquire Yilianyun held by Beijing North Bank Securities Software Development Co., Ltd., a wholly-owned subsidiary, with its own funds of 15.203 million yuan. Calculate 51% equity of (Hangzhou) Co., Ltd.

This time, Jinka Intelligent's acquisition of Yilian Cloud's equity will help to further integrate the company's cloud service business, and provide customers in the public sector with products ranging from smart devices, communication networks, application management software to Internet cloud services. The solution.

Kelu Electronics plans to acquire Internet of Things solutions provider Langren Technology

On February 23, 2018, Kelu Electronics announced the evening announcement that the company intends to acquire the equity of Shenzhen Langren Technology Co., Ltd. through the issuance of shares and payment of cash. The matter is expected to constitute a major asset restructuring. The company has signed a letter of intent with Langren Technology and its controlling shareholder Jin Xiangyu. Langren Technology's 100% equity estimate is 3 billion yuan, and the company plans to acquire 70%-100% of its equity.

The acquisition of Langren Technology will further expand the space available for Kelu Electronics' new products and markets, and enhance its competitiveness and market share in the domestic market.

Bishuiyuan acquires 60% stake in ZTE Instrument and enters the environmental monitoring industry

In January 2018, Bishuiyuan, a high-tech environmental protection company, announced that it would jointly invest 144 million yuan with related party Tibet Bixing to acquire 60% of ZTE's shares and enter the environmental monitoring industry.

This time, the acquisition of ZTE Instrument is an important measure for Bishuiyuan to expand upstream of the industrial chain. If the acquisition is completed, Bishuiyuan will further enrich the business types in the field of eco-environmental quality. Under the background of rapid advancement of environmental protection PPP mode, the company will further promote the company by providing comprehensive solutions for environmental monitoring and third-party management. Comprehensive competitiveness in the field of energy conservation and environmental protection.

(Source: Emerson, ABB, Yokogawa, Tianrui Instruments, Mike Instruments, Jinka

Intelligent, Kelu Electronics, Bishuiyuan, China Securities Network)

Xi'an Huaheng Instrument, a Manufacturer And Supplier From China.
Differential pressure transmitters,temperature transmitters.
Flow meters, density meters, HART475 communicator,and other measuring instruments. Which we also supply.

评论

  1. Its full of information I am looking for and I love to post a comment that "The content of your post is awesome" Great
    will help you more:
    http://anixusa.com/

    回复删除

发表评论