Saint-Gobain: acquisition in flowmeters
(CercleFinance.com) - On Thursday evening Saint-Gobain announced that it had acquired Equflow, a Netherlands-based flowmeter designer, while not disclosing the purchase price.
Equflow manufactures flow measurement tools for biotechnology and pharmaceutical liquids that are used in the water treatment, chemical and agricultural industries, as well as in medical devices.
Saint-Gobain says that the acquisition will enable it to expand its business in single-use fluid management and bioprocessing.
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