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With the deal, the Germany-based sensor maker picks up design expertise and production capability in capacitive sensors.
Balluff Inc., Florence, Ky., has announced that its parent company, Balluff GmbH, located in Neuhausen, Germany, has acquired SIE Sensorik Industrie GmbH, a provider of capacitive sensors based in Viernheim, Germany.
“The Balluff Group is one of the world’s leading providers of sensors for factory automation. With this acquisition, we’ve added increased design expertise and production capability in the area of capacitive sensors to complement our present offering of sensors to help meet the needs of our customers,” said Kent Howard, president of Balluff, Inc.
Managing Director of Balluff GmbH, Rolf Hermle, noted that “SIE offers interesting synergies and will provide the Balluff Group with improved access to its target markets and thereby a significant boost in global sales.” Hermle emphasized that the previous owners of SIE will remain in place as chief officers until December 2008 to ensure the company’s smooth integration into the Balluff Group.
Balluff Inc.
www.balluff.com
SIE Sensorik Industrie GmbH
www.sie-sensorik.de
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