.
MergerLinks Header Logo

New Deal


Announced

Completed

TASI Group acquired ONICON from Harbour Group Industries.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

energy flow measurement instruments

electromagnetic instruments

Acquisition

Friendly

Electronic Equipment: Other

turbine instruments

Private

Completed

Measurement Instruments

United States

Majority

Single Bidder

Private Equity

Synopsis

Edit

TASI Group, a global provider of highly engineered test, measurement, inspection and automated assembly systems and solutions for mission critical applications, completed the acquisition of ONICON, a private company specializing in the design and manufacture of flow meters and energy measurement systems, from Harbour Group Industries. ONICON addresses liquid flow, steam flow, natural gas flow, airflow, and thermal energy applications with a broad range of flow meter technologies, including electromagnetic, turbine, ultrasonic, thermal mass, vortex, Pitot tube and BTU meters. "The ONICON acquisition is a strategic win for everyone. ONICON’s diversified portfolio of flow technologies compliment TASI Flow businesses with little overlap in technology, industries and geographic regions. This acquisition positions both businesses on an aggressive growth path," John McKenna, TASI CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US