Endress Hauser Acquires Stake In Finesse Solutions

By Chemical Processing Staff

Oct 24, 2011

Process automation provider Endress+Hauser has acquired a stake in Finesse Solutions to strengthen its position in biotechnology, Endress+Hauser said Oct. 18.

The previous majority shareholder, Skymoon Ventures, will hold an equal stake to Endress+Hauser. The company's staff of about 50 will maintain its ownership in the company. Endress+Hauser will elect two representatives to the board of directors, which Barbara Paldus will continue to chair.

Finesse Solutions is a U.S. company that develops, produces and distributes sensors, hardware and software for bioprocess engineering. The acquisition allows Endress+Hauser to gain experience in the biotech field without neglecting its core business of measurement instrumentation, said Klaus Endress, CEO of the Endress+Hauser Group

For more information, visit http://www.endress.com.


Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.


No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments