HORIBA Instruments has acquired Process Instruments to enhance its industrial process monitoring capabilities, particularly in the refinery and petrochemical sectors, leveraging advanced Raman spectroscopy technologies.

Information on the Target

HORIBA Instruments Incorporated, part of the HORIBA Group, has recently acquired Process Instruments, Inc., a premier developer and manufacturer of Raman process spectroscopy solutions based in Salt Lake City, Utah. This strategic acquisition aims to enhance HORIBA's capabilities in industrial process monitoring, particularly within the refinery and petrochemistry sectors in the United States.

Process Instruments is recognized for its advanced process monitoring technologies that enable high-precision real-time analysis of chemical reactions. By integrating its innovative devices and data analysis expertise with HORIBA's extensive sales network, the acquisition is set to unlock new value across various industrial sectors, including pharmaceuticals and materials.

Industry Overview in the Target's Specific Country

The industrial process monitoring market in the United States is experiencing significant growth driven by increasing demand for efficient and accurate monitoring solutions across divers