Harbour Group’s Onicon Acquires Pulsar Process Measurement Ltd
ONICON Incorporated, a Harbour Group company, has acquired the parent company of Pulsar Process Measurement Ltd. Terms of the transaction were not disclosed.
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Pulsar designs and manufactures ultrasonic- and radar-based non-contact level and flow measurement instruments. Pulsar’s products provide solutions related to level, open channel flow, pipe flow, sludge interference measurement, and pump control for water utilities and industrial customers worldwide. The company was founded in 1997 and is headquartered in Malvern, England.
Jeff Fox, Harbour Group’s chairman and chief executive officer commented:
“The addition of Pulsar provides ONICON with further penetration and product offerings within the water and wastewater markets. Pulsar’s scale and operations also provide ONICON with an expanded international footprint.”
John Norris, president and chief executive officer of ONICON, commented, “Pulsar has a very strong brand, entrenched market position within water and wastewater, and extraordinary ultrasonic and radar measurement capabilities. We are excited to work with the Pulsar team and see tremendous growth
opportunities for the combined business.”
Pulsar’s co-founder and managing director, Keith Beard, added: “We are excited to partner with ONICON and believe their reputation in market, strong product offering, and diversification will further enhance the Pulsar brand and business. We believe our engineering, market presence, and product suite will further complement the ONICON business, specifically in water and wastewater markets. We are also excited to leverage Onicon’s presence in North America to grow our business. In addition to partnering with ONICON, Harbour Group’s operational expertise will ensure we have the foundation to capitalize on the opportunities in front of us.”