Industrial Safety Technologies acquires Simtronics - Norway Exports

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Industrial Safety Technologies acquires Simtronics

Expands IST’s Product Portfolio with addition of Premium Fire and Gas Detection business.

March 1, 2013 – Industrial Safety Technologies today announced the addition of Simtronics AS (based in Oslo, Norway) and Simtronics SAS (based in Aubagne, France) to its platform. The companies are being acquired from UTC Climate, Controls & Security, a unit of United Technologies Corp. Simtronics is a world-class provider of sophisticated gas and flame detection systems for use in applications ranging from plant boiler rooms to offshore petrochemical facilities. The business also designs and installs sophisticated fire and gas systems for a number of markets including nuclear power plants. Terms of the transaction are not being disclosed.
The Simtronics brand will remain intact and it will operate as an independent company within the IST platform. IST’s mission is to create a full line of integrated technology based detection products and services targeting heavy industrial applications. Simtronics joins other leading brands in the IST family, which together create a comprehensive portfolio of detection products with global reach:

  • Gas Measurement Instruments (GMI) (headquartered in Scotland, acquired August 2011): gas detection with a particular strength in portable products for gas distribution, oil and gas, and shipping markets.
  • Detcon (headquartered in Texas, acquired September 2011): gas detection sensors and control systems, with strength in fixed and wireless gas detection products for the oil and gas market.
  • DSA Detection (headquartered in Massachusetts, acquired October 2012): consumables for leading brands of explosives and narcotics trace detectors (ETD).

 

To read more, please visit Simtronics here.

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