Business News
Aquaread (UK) acquired by NKE Group
Oct 04 2023
The nke Group has announced the acquisition of Aquaread, the highly reputable manufacturer of water quality measurement and monitoring solutions. This strategic acquisition sets the stage for exciting opportunities and synergies in the environmental instrumentation sector. The merger aligns seamlessly with nke Group's vision and business strategy, expanding its product portfolio significantly and cultivating innovation to better serve the group’s customers worldwide.
The acquisition of Aquaread is a strategic alignment of two companies with a shared commitment to excellence. Aquaread's product range and services will complement those offered by nke Instrumentation to create an extensive range of precision instrumentation that will benefit customers, partners, and employees alike. This partnership allows nke Group to provide its clientele with an even wider spectrum of highly advanced instrumentation while upholding the impeccable standards that have shaped the company.
One of the key advantages of this acquisition will be the strengthened ability to innovate and develop global solutions for the water monitoring sector. With a combined pool of highly esteemed research and development expertise, the merged entity is poised to be among the global leaders in innovation and development of world-class water monitoring technology. This merger is a testament to nke Group's commitment to staying at the forefront of technological advancements in the industry.
Aquaread's rich legacy and brand identity remain intact; an approach that will ensure the preservation of the special qualities that have made Aquaread such a trusted name in water quality measurement and monitoring.
Mr. Alain Boschet, CEO of nke Group, expressed his delight about the acquisition, stating, "We are delighted to complete this acquisition, which will unlock significant synergies, not only by strengthening our product portfolio but also by creating new business opportunities through complementary distribution networks and merged R&D expertise."
Mr. Craig Harrison, CEO of Aquaread, echoed this enthusiasm, commenting, "This is an exciting time for Aquaread as we join forces with nke group. This transaction opens up new opportunities for our products and our people, and we are confident that it will strengthen our position in the market. We look forward to working closely with the team at nke group."
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