Acquisition of Zehntner GmbH Testing Instruments
December 18, 2017
Proceq SA, global leader in innovative non-destructive testing solutions, acquires Zehntner GmbH Testing Instruments, a leading producer of handheld retro-reflectometers crucial for road safety
Schwerzenbach/Switzerland, December 13, 2017 – Proceq today announced that the company will acquire Zehntner GmbH Testing Instruments, a leading Swiss-based manufacturer of retro-reflectometers, glossmeters and other surface testing products, under undisclosed terms.
Retroreflectometers measure the visibility of road infrastructure, which is a crucial road safety issue. Gloss measurement is one of the most important appearance criteria in the quality control of manifold products, among others in the paint, varnish, automotive, paper and processing industries.
The acquisition adds a new line of Swiss quality instruments to the Proceq product range and expands the product offering to include instruments which feature optics. The combined portfolio will benefit from Proceq’s well-established global distribution network and the proven Proceq R&D know-how.
Proceq CEO Dr. Ralph Mennicke said: “The fit between the two companies is excellent – best-in-class and market-leading portable technologies. We look forward to moving ahead broadening the range of NDT solutions for our customers, and combining the extensive global distributor networks.”
Zehntner CEO Peter Zehntner commented: “It is very pleasing that the well-established Zehntner brand becomes part of Proceq and the Tectus Group, and that the excellent work of our company, established over many decades, will now be enhanced by further investment within the same culture of Swiss quality and customer service.”
Marcel Poser, Proceq Executive Chairman and Tectus Group CEO stated: “This strategic acquisition is an important milestone in Proceq’s journey towards continued growth and product diversification. Proceq together with its parent Tectus Group continues to develop and invest in technologies crucial for the ongoing industrial revolution, while Zehntner contributes a key enabling technology for autonomous vehicle safety.”
This strategic announcement comes just weeks after Proceq released new Equotip®, Pundit® and Proceq GPR solutions leveraging the Internet of Things, cloud computing and Artificial Intelligence technologies to deliver greater capabilities for customers. Proceq will release additional products in 2018 which will further advance testing in NDT applications. The company’s go-to-market appeal is also enhanced by the roll-out of product models as rental solutions, which removes barriers traditionally experienced in NDT inspection.