66c39ba48add2e98965e9002 Eh Goekstorp Selders

European measurement companies take partnership to new level

Aug. 19, 2024
Around 800 employees will transfer from Sick to Endress+Hauser
German sensor company Sick and Swiss measurement and technology company Endress+Hauser signed a joint memorandum of understanding for a strategic partnership in October 2023. Since then, the project has been examined and plans for implementing the cooperation have been drawn up. Following approval by the respective supervisory bodies, representatives of both companies have now signed a corresponding agreement. The closing of the transaction is planned for the turn of the year to 2025 and is subject to approval by antitrust authorities.
 
Endress+Hauser will take over worldwide sales and service of Sick’s process analyzers and gas flowmeters, with a joint venture to be established for their production and further development. As a key aspect of the strategic partnership, Endress+Hauser will take over sales and service for process analysis and gas flow measurement technology completely. Around 800 specialized sales and service employees in 42 countries will transfer from Sick to Endress+Hauser.
 

From 2025, the production and further development of process analyzers and gas flowmeters will be the responsibility of a joint venture in which each partner will hold a 50% stake. It will employ about 730 people at several locations in Germany. The joint venture will work closely with Endress+Hauser’s competence centers to drive product innovations.

 
Sick’s products are currently used in particular in waste incineration plants, power, steel and cement plants, in the oil and gas industry, in chemical and petrochemical plants and in shipbuilding, for example for analyzing emissions in flue gas cleaning or for measuring the flow of natural gas and hydrogen.
 
“This strategic partnership opens up opportunities for growth and development for Sick and Endress+Hauser. We are taking this path because by collaborating and networking we can achieve more together in a reasonable amount of time than either side could on its own – all this for the benefit of our customers, employees and both companies,” said Dr. Peter Selders, CEO of the Endress+Hauser Group (Figure 1).
 

“Our aspiration is to drive the sustainable transformation of the process industry and to support our customers in leveraging the opportunities presented by decarbonization,” said Dr. Mats Gökstorp, chairman of the executive board at Sick (Figure 2). “That is why Sick and Endress+Hauser are combining their technological and market expertise. In the interest of our customers and employees, we look forward to the strategic partnership and to shape the future of process automation together.”

 
Both companies see the sustainable transformation as a business opportunity. Together, they want to support customers in areas such as energy and resource efficiency and climate and environmental protection, as well as assisting with the decarbonization of their production processes (Figure 3). Sick and Endress+Hauser have worked together frequently on an order, project and customer basis.
 
“We look forward to welcoming the new colleagues with their valuable expertise to the Endress+Hauser team. The planned transition will be carefully prepared so that we can continue to grow together from day one,” said Selders.

Sponsored Recommendations

Boost Material Handling Operations with the New Assist Wheel Drive

Transportation and material moving are repeatedly among the most frequent workplace injuries and also a leading cause of days away from work, job transfers, or restrictions. Learn...

EV Battery Pack Manufacturing with AC Servos and Robotics

This white paper from Yaskawa examines the increase in demand for electric vehicle (EV) batteries and explores different steps in their manufacturing process where AC servos and...

2024 State of Technology Report: HMIs, IPCs and Enclosures

The human-machine interface, the industrial PC and the enclosure are three of the most evolutionary components in an industrial control strategy. No devices have changed more ...

Evolution of Motion Control Guide

Learn more about advances in motor control in this helpful guide.