Measurement Specialities acquires Wema System AS

Rebecca Hayward - 9 June 2014

Measurement Specialties (MEAS) completed the acquisition of the capital stock of Norwegian Wema System AS on May 30 2014. Wema Systems is a developer and manufacturer of fuel and Diesel Exhaust Fluid (DEF) sensors for heavy-duty vehicles.

Frank Guidone, CEO at MEAS said: "The adoption of SCR (Selective Catalytic Reduction) within the global heavy-duty market, and the associated added sensor content, including in-tank level, heating, and quality sensors has been a key focus area of the company [MEAS] for quite some time, the addition of Wema accelerates our revenue model and provides exciting integration synergy potential".

The US$114.5 million acquisition will see MEAS expand its existing business of designing and manufacturing sensors and sensor-based systems, to include sensors for Selective Catalytic Reduction (SCR)-equipped heavy-duty vehicles.

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