In recent days, Austrian Anton Paar has completed its largest acquisition in history, successfully acquired 100% equity of German Petrotest Group, and named "Petrotest GmbH, a company of Anton Paar" as its 17th subsidiary.
Anton Paar is a world-renowned analytical instrument manufacturer, while the German Petrotest Group is known for its Pensky-Martin method for testing petroleum product flash point instruments. With this acquisition, Anton Paar aims to further expand its product line. With Petrotest Group's technology complementary to its own technology, it will develop new measuring instruments for oil field laboratories to meet more customers.
The Anton Paar company develops high-quality measurement and analysis instruments for industrial and scientific research, and has a global leading position in density, concentration, CO2 determination, optics, sample processing, rheology and material characterization, especially in measurement technology. This acquisition can fully integrate the technology and strength of both parties and develop new products that directly meet the needs of users and meet market development needs. It also promoted its entry into relevant measurement instruments in the oil field and expanded its product line.
Anton Paar is a world-renowned analytical instrument manufacturer, while the German Petrotest Group is known for its Pensky-Martin method for testing petroleum product flash point instruments. With this acquisition, Anton Paar aims to further expand its product line. With Petrotest Group's technology complementary to its own technology, it will develop new measuring instruments for oil field laboratories to meet more customers.
The Anton Paar company develops high-quality measurement and analysis instruments for industrial and scientific research, and has a global leading position in density, concentration, CO2 determination, optics, sample processing, rheology and material characterization, especially in measurement technology. This acquisition can fully integrate the technology and strength of both parties and develop new products that directly meet the needs of users and meet market development needs. It also promoted its entry into relevant measurement instruments in the oil field and expanded its product line.
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