Process Sensing Technologies acquires three companies
30.01.2024 - PST expands its portfolio with three strategic acquisitions
Process Sensing Technologies (PST) has acquired the three companies SensoScientific Inc., Fluid Components International (FCI) and Sensore Electronic GmbH. The acquisition of SensoScientific, a specialist in IoT-based environmental monitoring solutions, marks a step for PST in the healthcare and life sciences industry. With a strong reputation for developing wireless temperature monitoring systems that meet strict environmental control standards, SensoScientific will strengthen PST's offering of innovative monitoring tools and cloud-based technologies.
With the integration of FCI, a manufacturer of thermal mass flow meters and switches, PST enters the flow measurement sector. FCI's technology, known for superior measurement accuracy and reliability, expands PST's product range and measurement capabilities, enabling the company to offer even more comprehensive solutions to its customers in various demanding industries such as chemical, oil and gas, energy and more.
The acquisition of Sensore Electronic GmbH, a specialized manufacturer of zirconium oxide oxygen sensors, strengthens PST's position in the development and manufacture of high-performance sensors. Featuring quality, accuracy and reliability, Sensore's sensors enable PST to access new OEM applications and expand existing oxygen measurement capabilities.
Shared vision and future-oriented strategy
Adam Markin, CEO of PST, commented on these significant developments: “The acquisitions of SensoScientific, FCI and Sensore are groundbreaking for the future of PST. Each of these companies brings unique expertise and technological innovations that enrich our portfolio and strengthen our position as a market leader in measurement and monitoring technology. We are excited about the synergies resulting from these acquisitions and look forward to offering even more comprehensive solutions to our customers.”
The founders and leadership teams of SensoScientific, FCI and Sensore will play a central role in integrating their technologies and expertise into the PST Group. These moves are part of PST's ongoing strategy to expand the company's portfolio through targeted acquisitions and partnerships to meet the growing and changing needs of its customers worldwide.