Ashcroft acquires 2 companies

 

Ashcroft Inc. bared its planned acquisition of Swiss-based Rüeger Holdings SA (Rüeger) and Dutch-based STIKO Meetapparatenfabriek B.V. (Stiko), both manufacturers of specialty temperature and pressure measurement products. The transaction is expected to close in the coming days.

 

Rüeger is a recognized leader in highly engineered temperature and pressure measurement products, with locations in Switzerland, Germany, China and Malaysia. Rüeger’s high reliability measurement solutions include a comprehensive array of mechanical and electronic measurement instruments. Rüeger’s innovation has spanned over 75 years leading to the development of multi-point temperature sensors for critical Refining and Petrochemical reactor applications, and proprietary technology for extremely high accuracy temperature sensing up to 1050°C.

 

Stiko is a specialized manufacturer of temperature and pressure measurement instruments as well as laboratory calibration products based in Roden, Netherlands. Founded over 50 years ago, Stiko’s customized products are tailored for safety critical applications in the Subsea, Oil/Gas, Marine, Pharmaceutical and Food/Beverage markets.

 

Ashcroft was founded over 165 years ago with a mission to protect our customers with a brand recognized for reliability and innovation in the fields of pressure and temperature measurement. Ashcroft maintains operations in the United States, Mexico, Brazil, Germany, China and Singapore along with over 235 channel partners in 55 countries.