Hatfield, PA, April 9, 2009 — Brooks Instrument, a world-leading flow measurement and control provider, announced that it has acquired Key Instruments, Inc. Terms of the deal were not disclosed. Key Instruments is a flow meter manufacturer based in Trevose, PA which offers precision machined acrylic flow meters, molded plastic flow meters, glass tube flow meters, electronic flow meters, and flow control valves for medical, industrial, water, chemical, and laboratory applications.
“Our companies are an excellent strategic fit,” stated Jim Dale, Chief Executive Officer of Brooks Instrument. “Key Instruments offers an entirely complementary product line and broadens our reach in the low flow market place.”
Key Instruments was founded in 1959 as a manufacturer of injection-molded parts for various industries. In the 1970s they began to focus exclusively on the manufacturing of high-grade flow meters. Since then, they have served their customers to exceed expectations for every application, providing exceptional service and quality, along with innovative flow solutions. Key Instruments is an FDA registered medical device manufacturer and also provides NIST traceable flow calibrations for many of its products.
“This is an exciting time for Key Instruments,” stated Don Frick, President of Key Instruments. “By combining forces with Brooks Instrument, the Key Instruments brand will be positioned to better serve the competitive global environment.”
Brooks Instrument plans to maintain the Key Instruments brand name and facility in Trevose, PA.Visit www.keyinstruments.com for more information.
About Brooks Instrument
Brooks Instrument is a world-leading flow measurement and control instrument provider, with headquarters in Hatfield, PA USA, and manufacturing locations, regional sales and service offices in the Americas, Europe and Asia. Brooks products include glass and metal tube variable area meters (rotameters), thermal mass flow meters and controllers, Coriolis mass flow meters, controllers and transmitters, pressure control products, and a variety of flow accessories. Since its founding in 1946, Brooks products have supported the growth of dozens of industries from biopharmaceuticals, oil and gas, fuel cell research and chemicals, to medical devices, analytical instrumentation, semiconductor manufacturing, and more. Throughout the world, Brooks customers rely on a highly trained network of local representative specialists to help solve unique or unusual flow applications.
Jim Hollis, Brooks Instrument
About American Industrial Partners
American Industrial Partners was founded in 1989 and is a private equity firm that makes control equity investments in mid-sized industrial companies that can benefit from the firm’s systematic approach to implementing strategic and operational improvements. American Industrial Partners is currently investing its fourth fund which recently closed with $405.5 million of committed capital.
Paul Bamatter, American Industrial Partners