The merger is another milestone within the growth strategy of the globally operating BARTEC Group whose products and solutions are applied in all areas where hazardous substances such as combustible liquids, gases and dusts could occur.
The acquisition of ORB as one of the leading physical property analyzers companies in the world is a perfect addition to the BARTEC BENKE analyzers and measurement systems. It will allow BARTEC to round off the product portfolio with complementary ORB analyzers like salt in crude, oil in water and no flow point as well as by customized solutions, which also represents a significant step forward to extend the group’s market position in the booming fracking industry. The regional presence of the Analyzers and Measurement Systems Business Unit will be strengthened as well.
BARTEC will operate ORB, which will trade as BARTEC ORB, as an independent company within the BARTEC Group. The products and solutions will be distributed via the international BARTEC sales network comprising more than 35 own sales subsidiaries and about 50 representatives worldwide.
"By bundling forces through a joint strategy and leveraging synergies, BARTEC BENKE and BARTEC ORB will become the world’s leading physical property analyzers company," said Heiko Laubheimer, CFO of the BARTEC Group.
Doug Korslund, CEO and president of ORB, added: "By joining the BARTEC Group we have found the perfect partner to continue our dynamic growth. I believe this is a win-win for everyone and I look forward to the future."