|
Published Jul 7, 2009
|
Dresser Inc., Dallas, has entered into an agreement to acquire Netherlands-based iMeter BV, a global supplier of natural gas metering equipment. Financial terms of the agreement were not disclosed.
Dan Jezerinac, president of Dresser’s infrastructure solutions business, says the acquisition will strengthen the company’s product portfolio for the global natural gas distribution and transmission markets.
“We plan to build on iMeter’s engineering innovations by leveraging Dresser’s world-class manufacturing operations to supply iMeter products to our global customer base,” he says. “The addition of iMeter’s Holland operation will allow us to improve our product offerings and delivery capabilities for European and Asian customers, and will broaden our product offerings for customers in the Americas.”
Dresser Inc.’s Dresser Meters & Instruments group delivers metering solutions and associated instruments for natural gas transmission and distribution projects worldwide.
|
Loading...
|