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Together, the businesses offer an unmatched breadth of products and technical expertise, which we believe will provide significant value to our customers and partners.” “Dwyer and Omega offer complementary sensing and instrumentation products with a similar value proposition, meeting customers’ unique needs with high-quality, configured products. “Omega is a tremendous addition to the Dwyer Group of companies, bringing a highly respected brand and a broad, world-class product portfolio,” said Mr.
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The company, led by CEO Chuck Dubois, was founded in 1931 and is headquartered in Michigan City, Indiana, with additional offices in Asia, Europe and Australia.Īrcline acquired Dwyer from the Clark family and members of the company’s senior management team in July of 2021 and has since completed five add-on acquisitions with the addition of Omega. Many of Dwyer’s customers are active in the process automation, HVAC and building automation sectors. The firm manufactures controllers, data loggers, gages, manometers, monitors, remote displays, switches, and transmitters that are used to measure, monitor and control pressure, air velocity, flow, and fan pressure.
#OMEGA ENGINEERING SERIES#
“Having spent time with key members of the Dwyer and Arcline leadership teams during the transaction process, I believe that we share similar cultures and values and that the acquisition represents a great opportunity for all stakeholders.”ĭwyer Instruments consists of a series of companies and brands including Dwyer Instruments, Love Controls, Mercoid, WE Anderson, Proximity and UFM. Dwyer has a strong position in most of our key markets through its highly complementary portfolio of sensing, monitoring, and control products and solutions,” said Mr. “I am confident this is an excellent move for Omega. The company was founded in 1962 by Betty Hollander and today is led by CEO Amit Agarwal with a headquarters in Norwalk, Connecticut. Omega is fully integrated, with in-house design and engineering, manufacturing, and distribution capabilities.
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Omega also manufactures data loggers and recorders, as well as electric heaters. Specific Omega products include thermocouple probes and assemblies, pressure gauges and switches, and air velocity measurement systems. Omega Engineering is a maker of more than 100,000 SKUs of sensing, control, and monitoring products that measure and control temperature, humidity, pressure, strain, force, flow, level, pH, and conductivity. Dwyer Instruments, a portfolio company of Arcline Investment Management, has agreed to acquire Omega Engineering from publicly traded Spectris at an enterprise value of $525 million.
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