B&K Precision Acquires Instrument Division of Motech Industries
YORBA LINDA, CA, January 16, 2012 -- B&K Precision Corporation today announced that it has acquired the assets of the instrument division of Motech Industries.
The two companies have a long history of collaboration and Motech has manufactured programmable power supplies and LCR meters under the B&K Precision brand for almost 20 years.
Motech Industries is a leader in solar technologies, and the instrument business was no longer a strategic component. “By selling the division to B&K Precision--a well recognized manufacturer of test equipment that celebrated its 60th anniversary last year--the instrument division and its employees are assured of a bright future said Dr Chang", President and CEO of Motech Industries.
Victor Tolan, president and CEO of B&K Precision added, "this acquisition strengthens our expertise in programmable linear and high power switching supplies. Motech has a long tradition of developing and manufacturing high quality innovative products and this is a perfect complement to our own product offering".
Financial details of the acquisition were not disclosed.
B&K Precision Corp.
About B&K Precision
For more than 60 years, B&K Precision Corporation has been building a reputation for excellence in the design and manufacture of reliable and cost-effective test and measurement instruments. The company’s products are used in a wide range of applications including design, research and development, production line testing, industrial maintenance, and electronic field service. B&K Precision test and measurement instruments are standard equipment in a large number of universities and technical schools which train future engineers and technicians. B&K Precision was founded in 1951 and is headquartered in Yorba Linda, California.