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Milwaukee, WI -- Badger Meter, Inc. announced it has purchased Cox Instruments, LLC, of Scottsdale, Arizona, and its subsidiary companies Flow Dynamics, Inc., and Exact Flow. The entities are suppliers of precision and industrial flow measurement instrumentation worldwide. Terms of the transaction were not disclosed.
The acquisition combines the resources of the three flow measurement companies into a wholly-owned subsidiary of Badger Meter, Inc. named Cox Flow Measurement, Inc., which will continue to be based in Scottsdale, Arizona. The Cox management team will remain with the company.
Cox Instruments and Exact Flow manufacture precision, high-performance flowmeters used in demanding flow applications such as aerospace, custody transfer and flow measurement calibration test stands. Flow Dynamics is a National Voluntary Laboratory Accreditation Program (NVLAP)-accredited primary standard flow calibration laboratory, supplying both manufacturers and end users with dependable calibration results.
According to Richard A. Meeusen, chairman, president and chief executive officer of Badger Meter, the acquisition of Cox Instruments and Flow Dynamics gives Badger Meter several new flow measurement technologies.
“We believe that Cox’s high-end turbine meters for industrial and precision flow applications are a good fit for Badger Meter. Integrating these products with our existing flow measurement portfolio will open new market opportunities for us, while effectively leveraging the customer base of both companies. Cox has an excellent reputation in the industry and will be a great addition to Badger Meter’s line of global flow measurement solutions,” said Meeusen.
“Badger Meter’s purchase of Cox Instruments and our affiliate companies provides exceptional product synergy and strengthens our competitive position in the global flow measurement market. The combined organization will benefit customers greatly with additional distribution channels and customer service,” commented Cox Instruments’ Mike Wusterbarth, who will now assume the duties of general manager of Cox Flow Measurement Inc. Wusterbarth had served as CEO of Cox Instruments prior to the acquisition.
Source: http://www.badgermeter.com/
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