Acquisition of PEGASOR, the Finnish specialist in nanoparticle measurement
News - 07/05/2021
Capelec, a designer and manufacturer of vehicle inspection equipment, is continuing to expand its emissions monitoring business and has announced the acquisition of the Finnish company PEGASOR OY.
Acquired from the North American group COORSTEK Sensors LLC, the Scandinavian company is a cleantech firm with a strong focus on R&D in the measurement of nanoparticles. The deal comes at a time when the measurement of fine particles is becoming the new standard for vehicle inspection of exhaust emissions in many countries.
Whilst PEGASOR OY brings patents, expertise and technologies to the table, the Capelec Group intends to capitalise on the identified synergies: design, industrialisation and distribution. Together, the two entities will be able to draw on their capabilities to develop and produce integrated equipment that meets the requirements of various applications and industries.
“We are delighted to be able to consolidate our leadership in emissions testing by integrating PEGASOR’s exclusive expertise in fine particle measurement into the group. We are familiar with the company; collaboration between our R&D teams has already resulted in a new particle-counting device designed for vehicle inspection. This integration also paves the way for diversification, as PEGASOR has acquired recognised expertise in air quality measurement. The complementary nature of the two companies and the values we share – innovation and excellence – meant that this merger was a natural step. We are excited about the prospect of moving forward together into the future.” said Thierry COTON, Chairman of the Capelec Group.
For his part, Juha KAARTINEN, Director and Co-founder of PEGASOR, added: “Capelec and PEGASOR will form a strong technical and commercial partnership in the particle measurement and monitoring markets. Our technology and know-how, combined with Capelec’s industrial expertise, will have a significant impact on the emerging markets for periodic vehicle inspections in the near future. In the longer term, we will have greatly enhanced capabilities and access to new business opportunities. Our team is delighted to be working alongside Capelec’s team and is also excited about the opportunities this acquisition will create for our business partners and customers worldwide.”
The new entity will retain its teams and brands. It aims to continue its international growth in two promising markets: air quality monitoring and technical inspection of vehicles.
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