Bacharach, Inc. Announces the
Acquisition of Neutronics, Inc.
Transaction significantly expands gas detection and analysis for
automotive and HVAC-R industries.
Bacharach, Inc., a leading provider of HVAC-R gas
instrumentation and energy management solutions, today announced
the acquisition of Neutronics Inc. (“Neutronics” or “the
Company”), a world-class provider of refrigerant and gas
analyzers. Neutronics’ technologies serve the automotive and
commercial HVAC markets, and provide high-purity oxygen
analyzers to the semi-conductor industry, and self-contained
breathing units to the safety and rescue industry. Financial
terms of the private transaction were not disclosed.
The combination of Bacharach and
Neutronics will significantly strengthen Bacharach’s ability to
provide the worldwide HVAC-R and automotive markets with high
quality fixed and portable gas test and measurement Instrumentation.
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“Neutronics is the established leader in refrigerant identifiers for
the global automotive and HVAC-R industries and has complimentary
NDIR sensor technology in its instruments, which are designed and
manufactured in its Exton, Pennsylvania facility,” said Doug
Keeports, CEO of Bacharach. “This acquisition aligns well with
Bacharach’s strategic plan and strong focus on growing our market
leadership in instrumentation and refrigerant monitoring, as well as
compliments Bacharach’s expertise and strengths in the combustion
and emissions analysis markets. We are happy to welcome the
Neutronics team and look forward to continue growing our combined
Neutronics will continue to carry its existing brand and operate
under the leadership of Gary Halpern, President, and David Halpern,
COO, who joined their father Terry Halpern at the company over 40
years ago. Terry founded the business in 1976 with a focus on the
measurement and control of oxygen and other gases for safety,
environmental, and general industrial applications.
Gary, David and their executive team bring over 150 years of
industry experience to the Bacharach team. Neutronics will operate
as a wholly owned subsidiary of Bacharach. Management teams of both
businesses will work to leverage their combined strengths, while
providing its customers and supplier partners with the same high
quality service as always.
Bacharach is a provider of cleantech solutions for gas and
refrigerant leak detection, combustion and emissions analysis
instrumentation, and energy management for commercial and industrial
applications. Bacharach products make the heating, ventilation,
air-conditioning and refrigeration (HVAC-R) industries safer,
cleaner, and more energy efficient, enabling customers to increase
productivity, reduce costs, and protect lives and the environment.
www.mybacharach.com for additional information.
Neutronics Inc. is a world-class provider of gas analysis and gas
handling technologies. The three operating divisions, Neutronics
Refrigerant Analysis, Gas Analysis Solutions, and Biomarine Inc.,
provide state-of-the-art products and services for commercial,
industrial, governmental, and military clients around the world.
www.neutronicsinc.com for additional information.