Two building automation field players have started close strategic co-operation as Produal’s owner Produal Holding Oy acquires measuring device company HK Instruments. Both companies continue with their own brands and operations. The arrangement aims to boost innovative device development and accelerate the international growth of both companies. In the future, we will be able to serve our customers with improved reach in a wider area and in an increasingly diverse manner.
With head office and manufacturing in Muurame, Finland, HK Instruments specializes in technologically advanced building automation devices for HVAC applications, including differential pressure transmitters, switches, meters for liquids, gas detection sensors, and more.
The companies, which were both founded in 1987, will complement each others’ strengths while continuing to implement successful projects together with customers!
“HK Instruments is a high-quality company in terms of both people and products. We have known the company for many years and are very impressed by their accomplishments. We see great potential to continue developing the companies together”,says Anselmi Immonen, CEO at Produal Holding Oy.
“For us, Produal is the perfect strategic long-term partner. Their extensive product portfolio and industry network combined with the wide distribution channel and global brand presence of HK Instruments give great opportunities for both companies. We are very keen to continue our journey together with them”,says Jukka Kalliomäki, CEO of HK Instruments.