Acquisition of Finnish nanoparticle measurement specialist PEGASOR
CAPELEC, designer and manufacturer of equipment for technical inspection, continues its expansion in the field of emissions monitoring and announces the acquisition of the Finnish company PEGASOR OY.
Acquired from the North American group COORSTEK Sensors LLC, PEGASOR OY is a cleantech company with a strong R&D focus in nanoparticle measurement. The deal comes at a time when the measurement of fine particles is becoming the new standard for exhaust emissions testing in many countries.
While PEGASOR OY brings patents, know-how and technologies, the CAPELEC group intends to take advantage of the identified synergies: design, industrialization and distribution. Together, the two entities will be able to leverage their capabilities to develop and produce integrated equipment that meets the requirements of applications and markets.
"We are pleased to be able to consolidate our leadership in emissions testing by integrating PEGASOR's exclusive expertise in the measurement of fine particles into the group. We know the company, and the collaboration of our R&D teams has already given rise to a new equipment for measuring particle number concentration designed for technical inspections. This integration also opens the way to diversification as PEGASOR has acquired recognised know-how in air quality measurement. The complementary nature of the two companies and the values we share, innovation and excellence, make this merger an obvious choice. We are excited about the prospect of working together in the future." underlined Thierry COTON, President of the CAPELEC group.
Juha KAARTINEN, Director and Co-Founder of PEGASOR reminds: "CAPELEC and PEGASOR will form a strong technical and commercial partnership within the particle measurement and monitoring markets. Our technology and know-how combined with CAPELEC´s industrial expertise will already in the near future have significant impact on the opening measurement markets at periodic technical inspection. In the longer run, we will have much better capabilities and offerings on other market segments as well. Our team is excited about teaming up with CAPELEC team and the unique opportunities this acquisition will create for our customers worldwide, as well as our employees and business partners."
The new entity will keep its teams and its brands. It aims to continue its international growth on two promising markets: air quality monitoring and technical inspection of mobility.
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