Pulsar Process Measurement Ltd. (“Pulsar”), has been acquired by ONICON Incorporated, a Largo, Florida, US-based flow measurement specialist and a subsidiary of Saint Louis, Missouri, US-based industrial private equity investor, Harbour Group. Terms of the transaction were not disclosed.
Established in 1997 in Malvern, England, UK, Pulsar designs and manufactures ultrasonic- and radar-based non-contact level and flow measurement instruments. Pulsar’s products provide solutions related to level, open channel flow, pipe flow, sludge interference measurement, and pump control for water utilities and industrial customers worldwide.
EC M&A acted as exclusive financial advisor to Pulsar on this transaction.