ABB has completed its acquisition of Prairieville, Louisiana company K-TEK, which becomes part of the Measurement Products business unit within ABB’s Process Automation division. With over 350,000 installations since its founding in 1975, K-TEK is recognised as a global leader in level detection technology. The operation employs more than 250 people with facilities in China, Netherlands, India and South Africa in addition to the US.
Veli-Matti Reinikkala, head of ABB’s Process Automation division, noted K-TEK’s leadership position in the oil and gas industry, where ABB has a large installed base. “This acquisition will provide our mutual customers in oil and gas, water and other industries with access to an expanded range of leading-edge instrumentation and sensing technologies.” he said. “We see a lot of potential for synergy between ABB’s extensive geographic reach and exposure to other industries, and K-TEK’s depth in level detection technology.”
ABB acquires K-TEK
to boost offering for oil and gas, water markets
- July 15, 2010
- 5965 views
ABB acquires K-TEK
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