United States. Bacharach, Inc., a provider of HVAC-R gas instrumentation and power management solutions, announced the acquisition of Neutronics Inc., a supplier of refrigerant and gas analyzers.
Neutronics technologies serve the automotive and commercial HVAC markets, and provide high-purity oxygen analyzers for the semiconductor industry and autonomous breathing units for the safety and rescue industry. The financial terms of the private transaction were not disclosed.
The combination of Bacharach and Neutronics will significantly strengthen Bacharach's ability to provide the global HVAC-R and automotive markets with high-quality fixed and portable gas measurement and testing instruments.
"Neutronics is an established refrigerant identifier company for the global automotive and HVAC-R industries and has NDIR sensor technology in its instruments, which are designed and manufactured at its Exton, Pennsylvania facility," said Doug Keeports, CEO of Bacharach. "This acquisition aligns well with Bacharach's strategic plan and its strong focus on growing our market leadership in refrigerant instrumentation and monitoring, as well as complementing Bacharach's expertise and strengths in the emissions and combustion analysis markets. We are pleased to welcome the Neutronics team and look forward to continuing to grow in our combined business."
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