HORIBA Acquires Process Analytical Product Line
HORIBA told IBO that the acquisition will add GCs, pyrolyzed gas samplers and continuous emissions monitoring systems to the company’s product offerings, as well as expand its technologies and instrumentation for chemiluminescence, nondispersive IR spectroscopy, UV, and flame ionization detection.
Irvine, CA 3/28/13—HORIBA Instruments, the US subsidiary of HORIBA, has acquired the process analytical product line of flow equipment provider Cameron. The business includes products, systems and services for measuring liquids and gases used to refine, dissolve and process petrochemical products. The product line will join HORIBA’s Process & Environmental segment. HORIBA stated that the purchase will benefit its sales of measurement systems due to rising demand for shale gas and oil applications. HORIBA expects the acquisition to increase Process & Environmental sales by 500% to ¥6 billion ($64 million = ¥ 94 = $1) by 2018.
