Cryogenic measurement systems manufacturer Bluefors has acquired Rockgate, a Japan-based distributor of cryogenic equipment.
Based in Finland, Bluefors said the purchase will help establish direct sales and service presence in the Japanese cryogenics technology market and expand its global footprint beyond Finland, Germany, the Netherlands, and US.
Rockgate was named the first distributor for Bluefors in the company’s early years.
Tsuneo Kado, Director and founder of Rockgate, said that the acquisition provides him with comfort that the team will be part of a company with great people, products and future as he prepares for retirement.
Following the completion of the acquisition, Tsuyoshi Ohta will take the lead of the Bluefors business in Japan.
The transaction is estimated to be completed by end of June 2023.
Earlier this year, Bluefors completed the acquisition of Cryomech, a US-based cryocooler technology and manufacturing firm.
Read more: Bluefors acquires US cryocooler tech firm Cryomech
The acquisition significantly increased Bluefors’ direct presence in the US, with approximately one-third of its employees based in the state of New York.
