Business Strategy Yokogawa to Takeover Major Indian Magnetic Flowmeters Firm

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Yokogawa Electric Corporation has plans to acquire Adept Fluidyne, one of the largest domestic manufacturers of magnetic flowmeters in India. This move will provide Yokogawa with an Indian manufacturing base as well as access to Adept's product lineup which will ensure more timely delivery of its flowmeter products for the growing India market.

Tokyo/Japan – Yokogawa Electric Corporation has finalized an agreement to acquire Adept Fluidyne, 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 India 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.

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.

Yokogawa established a local subsidiary in India in 1987, and since then has been delivering control systems and field instruments for plants in the energy industry, as well as remote monitoring for water supply and wastewater networks as part of India's National Hydrology Project and control systems for water treatment facilities. Yokogawa also has systems engineering teams and an R&D center in India that support its global operations.

Hiroshi Tanoguchi, Yokogawa Electric vice president and head of the Yokogawa Products Headquarters, commented, “India is one of our most strategically important markets, and we look forward to sharing our manufacturing know-how with the Adept team in order to provide made-in-India Yokogawa flowmeters as soon as possible. With Adept becoming part of the Yokogawa Group, we will provide a full range of general use and specialized flowmeters to the water, energy, chemical, and many other sectors.”

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