Cattaneo Corporate Finance has advised Delta Controls on its acquisition of the Mobrey line of measurement products manufactured in Slough, UK from Emerson, the US-headquartered global technology and engineering group.
The transaction involves a two step process to ensure a smooth transfer of the Mobrey branded products whereby Emerson has initially designated Delta as the exclusive global distributor for the Mobrey product lines, from 1 April 2019 with the official transfer of Mobrey (employees, inventory, intellectual property, product approvals, etc.) to Delta by no later than 30 September 2019.
The enlarged Delta business will offer a wider range of leading instrumentation products as a single supplier demonstrating a long-term commitment to support these brands and technologies. The Mobrey portfolio of point and continuous level products provide reliable measurement monitoring and control of liquids and dry products. Manufacturing of Mobrey products will continue at the Emerson Slough premises ensuring continuity of supply and quality standards.
Chris Webborn, Director for Nuclear Applications at Delta Controls, said:
“We had been looking for some time for a partner for level products that would meet our high standards of reliability and value. In Mobrey we have this in a great complementary series of products backed by a superb name and reputation”.