Add-on Acquisition • Test/Measurement Equipment

PST Acquires Michell Instruments Group

On November 1, 2016, PST acquired test/measurement equipment company Michell Instruments Group

Acquisition Context
  • This is PST’s 1st transaction in the Test/Measurement Equipment sector.
  • This is PST’s 1st transaction in the United States.

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M&A Deal Summary

Date November 1, 2016
Target Michell Instruments Group
Sector Test/Measurement Equipment
Buyer(s) PST
Deal Type Add-on Acquisition

Target Company

Michell Instruments Group

Ely, United States
Michell Instruments Group provides moisture and humidity measurement solutions. The company designs and manufactures transmitters, instruments and system solutions capable of measuring dew-point, humidity and oxygen.
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Buyer Overview 1

Buyer

PST

Ely, United Kingdom

Category Company
Founded 1964
Sector Test/Measurement Equipment
DESCRIPTION

PST is a provider of measurement instrumentation and monitoring solutions for process-critical applications worldwide. With 12 leading brands, PST offers a comprehensive suite of proprietary sensors, instruments, analyzers, and monitoring solutions with sensing capabilities across parameters, including moisture, gas, level, and flow. PST was founded in 1964 and is based in Ely, Cambridgeshire.


Deal Context for Buyer #
Overall 1 of 8
Sector: Test/Measurement Equipment 1 of 7
Type: Add-on Acquisition 1 of 8
Country: United States 1 of 2
Year: 2016 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-21 Analytical Industries

Pomona, California, United States

Analytical Industries, Inc. designs and manufactures innovative solutions for gas analysis, including advanced oxygen sensors and oxygen analyzer platforms. Analytical Industries Inc. is a leading worldwide supplier of oxygen sensors, PPM and percent oxygen sensors, PPB, PPM and percent oxygen analyzers, H2S, CO, Heliox, and Trimix analyzers to the industrial process control, natural gas, medical and professional sports diving industries.

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