Arcline Investment Management Completes Acquisition of Omega Engineering Inc.
NORWALK, Conn., July 5, 2022 /PRNewswire/ — Arcline Financial investment Management (“Arcline”), right now announced that it has completed the acquisition of Omega Engineering Inc. (“Omega” or the “Firm”) from Spectris plc (LSE: SXS). Omega is a primary company of sensing, management, and checking technologies and has joined the Dwyer Team of organizations (“Dwyer”), an Arcline portfolio company.
Started in 1962, Omega is an set up world wide chief in the specialized marketplace, offering far more than 100,000 point out-of-the-art items for measurement and regulate of temperature, humidity, force, strain, drive, move, stage, pH, and conductivity. Omega also features a entire line of data acquisition, heating, and personalized-engineered products. Omega’s business enterprise is fully built-in, with in-property layout and engineering, production, and distribution abilities facilitating designed-to-purchase products at beautiful lead situations, positioning the Firm as a technological know-how associate of alternative to process engineers around the globe.
“As a world-wide leader in sensing and instrumentation systems, Omega is a reasonable, complementary addition to the Dwyer Group of companies,” Arcline commented. “Omega provides temperature sensing technological innovation leadership as well as an revolutionary set of IIOT methods, which have extensive-ranging applications for Dwyer Group’s existing sensing and instrumentation portfolio. Alongside one another, the combined organizations present customers the broadest portfolio of remarkably configurable temperature, force, stream, and degree solutions for significant setting and automation applications.”
EC M&A served as money advisor to Arcline.
About the Dwyer Team of Organizations
The Dwyer Group of providers is composed of a series of organizations and makes together with Dwyer Instruments, Appreciate Controls, Mercoid, WE Anderson, Proximity and UFM. Dwyer is a international leader in the design and style and manufacture of progressive sensors and instrumentation methods for the IEQ, creating automation, procedure and environmental markets. Launched in 1931, Dwyer is headquartered in Michigan City, Indiana, and has added places of work in Asia, Europe and Australia. To find out more about Dwyer Devices, visit www.dwyer-inst.com.
About Arcline Expenditure Management
Arcline Investment Administration is a expansion-oriented personal equity company with $4.4 billion in cumulative funds commitments. Arcline seeks to devote in technology-driven, meaningful to the globe industrial companies that help a improved foreseeable future. For more facts go to www.arcline.com.
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Supply Arcline Financial commitment Management