ABB completes acquisition of K-TEK  

Fuel for thought

ABB completes acquisition of K-TEK  

04 Aug, 2010

Published over 16 years ago. See the latest and most current information on Fuel for thought.

Integration of instrumentation maker expected to boost offering for oil and gas, water markets.

ABB (USA) has completed its acquisition of K-TEK, based in Prairieville, Louisiana, 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.”

The acquisition is in line with ABB’s strategy to pursue growth opportunities that complement the company’s product, technology and geographical portfolio.

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