Finnish instrumentation manufacturer Gasmet Technologies Oy has acquired the share capital of Ansyco GmbH in Germany, as it continues to build a platform for growth in Europe.
Karlsruhe-based German company Ansyco GmbH has been a distributor of Gasmet products since 1993, but now becomes a part of the company.
Gasmet Technologies is a leading manufacturer of gas monitoring instruments and systems for industrial and environmental applications. The company’s revenue streams are dominated by FTIR-based analysers that are able to perform simultaneous measurements of both organic and inorganic compounds, in even the most demanding applications.
According to Mikko Ahro, CEO of Gasmet Technologies, “The Gasmet Group has been operating from three different locations, Helsinki, Hong Kong and Montreal, and this is a good time to combine Ansyco’s application knowledge with Gasmet’s well-established products to expand the Karlsruhe operation.”
Commenting further on the announcement, Mikko Suuntala, CEO of Gasmet Europe Oy, said, “Ansyco has established a large customer base of loyal customers, and benefits from an excellent reputation for customer service and application expertise. This acquisition demonstrates our long-term commitment to these customers and helps us to build a platform for future growth in central Europe.”
Founded in 1989, Ansyco GmbH employs 18 staff and in addition to Gasmet, Ansyco also represents other gas monitoring and detection equipment manufacturers such as Environnement SA (France), Geotechnical Instruments (UK), Perma Pure (US) and Extrel (USA). Following the acquisition, Ansyco will be known as ‘Ansyco – a Gasmet Group Company’.