Acquisition of PEGASOR, the Finnish specialist in nanoparticle measurement
News - 07/05/2021
As a designer and manufacturer of equipment for vehicle inspections, CAPELEC continues to expand its presence in emissions monitoring and announces 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 nanoparticle measurement. The transaction takes place 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, expertise, and technologies to the table, the CAPELEC Group intends to capitalize on the identified synergies: design, industrialization, 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 pleased 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; the collaboration between our R&D teams has already resulted in a new particle-counting device designed for vehicle inspections. This integration also paves the way for diversification, as PEGASOR has acquired recognized expertise in air quality measurement. The complementary nature of the two companies and the values we share—innovation and excellence—made this merger a natural fit. We are excited about the prospect of moving forward together into the future.” said Thierry COTON, President 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 control markets. Our technology and know-how, combined with CAPELEC’s industrial expertise, will have a significant impact on new markets for periodic technical inspections in the near future. In the longer term, we will have greatly enhanced capabilities and access to new business opportunities. Our team is looking forward to collaborating with 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 vehicle inspection.
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