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YOKOGAWA TO ACQUIRE INDIAN FLOWMETER MANUFACTURER ADEPT FLUIDYNE

This acquisition will provide Yokogawa with an Indian manufacturing base for its lineup of high-performance magnetic flowmeters.

YOKOGAWA TO ACQUIRE INDIAN FLOWMETER MANUFACTURER ADEPT FLUIDYNE
Adept manufacturing and flow calibration facility in Pune, India

Yokogawa Electric Corporation announces that it has finalized an agreement to acquire Adept Fluidyne Pvt. Ltd. (“Adept”), one of the largest domestic manufacturers of magnetic flowmeters in India. The purchase process is expected to be completed by the end of March 2024. This acquisition will provide Yokogawa with an Indian manufacturing base for its lineup of high-performance magnetic flowmeters and give the company access to Adept's product lineup, enabling more timely delivery of a broad portfolio of flowmeter products for the burgeoning Indian market.

Flowmeters are an essential industrial instrument that can measure the flow rates and, with some products, the density and temperature of liquids, gases, and steam. Various measurement technologies are available depending on the purpose of measurement, the type and condition of the fluid or gas, and the measurement conditions. With the rapid expansion of India's industrial sector under the Government of India's “Make in India” initiative, demand for flowmeters continues to grow.

Established in 1983, Adept has been manufacturing magnetic flowmeters for over 30 years, and introduced ultrasonic flowmeters to its lineup in 2010. The company has supplied over 70,000 flowmeters to the water, wastewater, and other industry sectors, and also provides IoT gateways, smart water meters, and flowmeter calibration services. In recent years, the company has expanded its sales network across India, and has won major public and private sector orders across the country. It also exports to customers in more than 25 countries.

Moving forward, Yokogawa is intending to enhance Adept's manufacturing capabilities and certified flow calibration facilities in Pune to enable local production of its lineup of magnetic flowmeters in line with its global quality standards. Yokogawa will also continue to provide Adept's range of flowmeters through the sales networks of both companies.

www.yokogawa.com

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