In the first half of 2011, major events of instrument and meter enterprise mergers and acquisitions

In the first half of 2011, major events of instrument and meter enterprise mergers and acquisitions

Foreword: After experiencing the economic crisis, major companies have chosen mergers and acquisitions to expand their own business scope or enhance their technical strength. The instrumentation industry has set off an upsurge of mergers and acquisitions. The author will make a summary of major acquisitions in the first half of the year.

Global Measurement Giant Elster Acquires SLS Business

Elster, the world’s largest professional metrology group, announced that Elster has acquired the gas chromatography business of SLS MicroTechnology (SLS), which also includes relevant independent intellectual property rights.

SLS's innovative gas chromatography technology will further strengthen Elster's position in the emerging biogas and shale gas markets. When a variety of conventional natural gas is mixed, the volume, quality, and source of natural gas require precise measurements and reliable quality control measures.

Kang Jisen Nearly 100 Million Acquires Wuzhong Instrument as Controlling Shareholder

China Automation announced that its indirect wholly-owned subsidiary, Beijing Consen, has increased its holdings of 30% of Wuzhong Instrument with a total consideration of 97.786 million renminbi (approximately HK$111 million), resulting in an increase in shareholding to 80%, becoming a controlling shareholder.

Prior to the transaction, Wuzhong Instrument was held as a 50% interest by Yinxing Energy and Kangxisen, and was mainly engaged in the production of industrial automatic control valves.

Hollyshare Group acquires concord company

This acquisition is the first acquisition of overseas companies by Hollysys, and is also an important measure for Hewlett-Packard to formally enter the overseas automation market and realize the listing of the United States and Hong Kong. This signing of the acquisition will effectively promote the implementation of the Hollysys Group's internationalization strategy and will have a profound impact on the layout of China's automation industry.

Rockwell Automation Acquires Lektronix

Recently, Rockwell Automation (NYSE: ROK) announced the acquisition of Lektronix, a leading independent industrial automation repair and service provider in Asia and Europe. Hedwig Maes, president of Rockwell Automation Europe, Middle East and Africa, said: "This acquisition will accelerate the growth of Rockwell Automation's European service business and further expand the scale of our customers in emerging economies."

Blake Moret, senior vice president of Rockwell Automation's Control Products and Solutions Division, said: "Rockwell Automation knows that our customers use a wide range of industrial automation products. They need a wide range of products to provide service maintenance. Partners to maximize plant productivity. After acquiring Lektronix's extensive and comprehensive repair capabilities, Rockwell Automation's plant services business will provide even more attractive value, allowing customers to choose Rockwell Automation Maintenance and technical services."

Schneider acquires Lead Huafu for $650 million

Not long ago, it was reported that ABB and Schneider had bid for Beijing Leader Huafu Technology Co., Ltd. The result of the competition was Schneider’s victory and the acquisition of Lead Huafu for US$650 million.

Schneider Electric expects that by 2015, the synergies resulting from this acquisition will increase EBITDA profits by 25 to 30 million U.S. dollars.

Thermo Fisher's acquisition of Sweden Phadia for nearly 2.5 billion euros

Thermo Fisher Scientific (TMO), the world's leading manufacturer of analytical instruments, claims that the company has agreed to acquire a Swedish blood test system from Cinven, a private equity firm, for 2.47 billion euros (3.5 billion U.S. dollars). Supplier Phadia to expand the company's portfolio of "allergy and autoimmune disease tests".

It is reported that the acquisition will use cash as a payment method. Thermo Fisher Scientific said that the acquisition is expected to increase the company's adjusted earnings per share in fiscal 2012 from 26 cents to 30 cents and expects the transaction to be completed in the fourth quarter of 2011.

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