ABB completes acquisition of K-TEK
12 July 2010
ABB has completed its acquisition of Prairieville, Louisiana company K-TEK, which becomes part of the Measurement Products business unit within the Process Automation division of ABB.
With over 350,000 installations since its founding in 1975, K-TEK is recognised as a global leader in level detection technology. The operation employs more than 250 people with facilities in China, Netherlands, India and South Africa in addition to the US.
Veli-Matti Reinikkala (pictured), head of ABB’s Process Automation division, says the acquisition will provide mutual customers in oil and gas, water and other industries with access to an expanded range of leading-edge instrumentation and sensing technologies. “We see a lot of potential for synergy between ABB’s extensive geographic reach and exposure to other industries, and K-TEK’s depth in level detection technology.”
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