Separator Alarm Systems Business Unit Taken Over

German Automation Company Pepperl+Fuchs GmbH and Labkotec Oy (Germany), a leading provider of measurement solutions, have signed a business sales agreement. Labkotec takes over business from Pepperl+Fuchs the Separator Alarm Systems business unit. At the same time, the companies have agreed a two year co-operation agreement in order to provide devices and solutions for the market. Former rivals now work in cooperation. The acquisition provides Labkotec a market leading position in Europe and strengthens the company's position as a major player globally.

In connection with the transfer of business, former P+F’s employees will transfer into Labkotec GmbH, a company that is Labkotec owned subsidiary in Flensburg, Germany.