Further Industrial Process Control Industry Consolidation
Here we are at the end of 2014 and we see continuing evidence of the business trend in the industrial process control industry—consolidation.
Emerson announced Dec. 22 that it has acquired Stirling, Scotland-based Cascade Technologies Ltd., a leading manufacturer of gas analyzers and monitoring systems using Quantum Cascade Laser (QCL) technology. This innovative technology measures multiple gases simultaneously, helping companies improve industrial emissions monitoring, production efficiencies and environmental compliance.
Emerson is expanding its analytical measurement capabilities by adding this innovative laser technology to its Rosemount Analytical gas analysis portfolio. QCL technology provides a step change in gas analyzer performance through its increased sensitivity, speed of response, and fingerprinting capability. These technology advancements in the gas analysis market space provide a powerful solution for customers in various industries such as petrochemical, food and beverage, marine, automotive and pharmaceutical. Terms of the acquisition were not disclosed.
“The acquisition of Cascade Technologies is an exciting step as we further strengthen our gas analysis portfolio,” said Tom Moser, group vice president of Emerson Process Management’s measurement and analytical businesses. “Our customers depend upon Emerson to solve their toughest analytical measurement problems. We are now better positioned to serve that need.”
Dr. Iain Howieson, chief executive officer of Cascade Technologies Ltd., added, “Joining a global leader like Emerson represents an incredible opportunity for business growth. Emerson’s global presence and market leadership will have an immediate impact on the adoption of cutting edge QCL gas analyzers and monitoring systems.”