Vaisala Sells Its Oxygen Measurement Business to SICK Maihak GmbH
(Thomson Reuters ONE) -
Vaisala Oyj Press Release September 30, 2010
Vaisala has signed a contract to sell its oxygen measurement technology and
business to SICK Maihak GmbH. The oxygen products belong to Controlled
Environment business area's offering.
The divestment of oxygen business supports Controlled Environment's strategy to
focus on the selected market segments of life science and high technology,
building automation and targeted industrial applications. The divestment will
not have significant impact on Vaisala's operating profit or personnel.
The transfer of the oxygen measurement technology and business know-how will
start immediately and the production is planned to be moved to SICK in Germany
at the beginning of 2011.
"The sale of the oxygen measurement business strengthens our goal to focus on
our chosen market segments. We are pleased that we found such a respectable
buyer as SICK, who is committed to serve customers and invest in the technology
and products further", states Kenneth Forss, Executive Vice President,
Controlled Environment business area.
SICK Maihak GmbH is a leading manufacturer of sensors and sensor systems for
industrial process automation applications. The company supplies to various
markets such as power, waste, cement, chemicals, as well as oil and gas. SICK
Maihak GmbH is a legal entity of the SICK Group, a major player in sensor
technologies with more than 100 branch offices and agencies worldwide.
Vaisala launched SPECTRACAP® optical sensor technology for oxygen concentration
measurements in 2006.
For more information:
Kenneth Forss, Executive Vice President, Controlled Environment, +358
400 604 861
Jouni Lintunen, CFO, +358 40 5790 181
---------------
Vaisala is a global leader in environmental and industrial measurement. Building
on more than 70 years of experience, Vaisala contributes to a better quality of
life by providing a comprehensive range of innovative observation and
measurement products and services for meteorology, weather critical operations
and controlled environments. Headquartered in Finland, Vaisala employs over
1400 professionals worldwide and is listed on the NASDAQ OMX Helsinki.
www.vaisala.com
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Source: Vaisala Oyj via Thomson Reuters ONE
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Datum: 30.09.2010 - 12:13 Uhr
Sprache: Deutsch
News-ID 43553
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