04
Mar
Enabling the delivery of Yokogawa technology with local production Yokogawa Electric Corporation (TOKYO: 6841) announces that it has finalized an agreement to acquire Adept Fluidyne Pvt. Ltd. (“Adept”), one of the largest domestic manufacturers of magnetic flowmeters in India. The purchase process is expected to be completed by the end of March 2024. This acquisition will provide Yokogawa with an Indian manufacturing base for its lineup of high- performance magnetic flowmeters and give the company access to Adept’s product lineup, enabling more timely delivery of a broad portfolio of flowmeter products for the burgeoning India market. Flowmeters are an essential…
