Lem Acquires DanfysikAugust 4, 2009
The purchase strengthens the position of the LEM Group in the field of high-precision current measurements for three main markets: medical scanners, precision industrial motor controls, and test and measurement.
GENEVA, Switzerland and MILWAUKEE, WI -- LEM, the market leader in providing innovative and high-quality solutions for measuring electrical parameters, announces the acquisition of the Danish company Danfysik Advanced Current Products (ACP) A/S. The deal is a strategic bolt-on acquisition to strengthen the position of the LEM Group in the field of high-precision current measurements.
Danfysik ACP is the "world's leading company in the development and manufacturing of highest precision current transducers for three main markets: medical scanners, precision industrial motor controls, and test and measurement." LEM has acquired the transducer activity with a turnover of CHF 7.6 million in 2008 and 15 employees. The company is based near Copenhagen, Denmark. The acquisition was finalized for an undisclosed amount.
Paul Van Iseghem, President and CEO of LEM, said: "Danfysik and LEM can already look back at a successful twelve-year relationship. We are taking advantage of this strategic bolt-on acquisition to create a new focus on the high precision current transducers market."
Soeren Rathmann, Chairman of the Board of Directors of Danfysik ACP: "We have been very satisfied with the development of Danfysik ACP, however the strategic fit to LEM has always been obvious, and we believe that the company now has found its right home."
The Danfysik product range covers transducers for nominal current measurements from 12.5 A to 25 kA, providing overall accuracy at 25°C from 1 ppm. Thermal offset drifts are extremely low, from only 0.1 to 2.5 ppm/K. Models from 12.5 A to 60 A nominal can be used for PCB mounting, models from 60 A to 25 kA are for panel or rack mounting.
To obtain these exceptional performances, Closed loop fluxgate technology has been used, coupled with a top-class current transformer. This combination enables high accuracy, dynamic performanc,e and a wide measuring range.
Featuring galvanic isolation, all components can be used for current measurement of any kind of waveforms (including DC, AC, mixed, and complex) without any contact to the conductor.
LEM is the global leader in providing innovative and high-quality solutions for measuring electrical parameters. Its current and voltage transducers are used in a broad range of applications in industrial, traction, energy, and automation, and automotive markets. LEM is a high-growth global company, with approximately 900 employees worldwide. It has production plants in Geneva, Switzerland; Machida, Japan; Beijing, China; and regional sales offices close to its customer's locations.
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