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WIKA Process Solutions Acquires Temperature Measurement Instrument Manufacturer Gayesco International

WIKA Process Solutions acquires Gayesco International Inc. As a world-renowned, quality manufacturer of temperature measurement instruments, Gayesco specializes in multipoint thermocouple systems, tubeskin and temperature measurement sensors.

Gayesco's Flex-R and Flex-O flexible multipoint assemblies along with their Xtracto-Pads and Refracto-Pads have helped the petrochemical industry maximize yields, increase catalyst run times and maintain accurate temperatures in process furnaces and boilers. Formed in 1958, Gayesco has become the trusted name for thermocouples, resistance temperature detectors (RTDs), and accessories in the petrochemical, refining and other process industries. Gayesco has become very well known for Field Services which include: installation services, supervision, welding services and field repairs.

According to Paul Lemmens, President of WIKA Process Solutions, Deer Park, "This acquisition will allow WIKA to offer a more complete solution to our customers. By combining companies it gives WIKA a full portfolio of products and services for the oil & gas, petrochemical and other industries. The acquisition will allow us to provide local technical support and supply a complete line of temperature products and services to the gulf coast and North American Region."

The acquisition of Gayesco will create a new partnership capitalizing on a substantial opportunity to more than double WIKA's previous reach to the market. WIKA Process Solutions and Gayesco will consolidate operations in a new state of the art facility under construction in Pasadena scheduled to be completed in August 2013.

The merged company will offer the best technology in temperature, pressure, level and flow instrumentation. "The combination of two great companies in addition to local in-house production services really separates us from the competition," said Robert Torgerson, Marketing and Corporate Accounts Manager, Gayesco.

WIKA, founded in 1946 in Klingenberg, Germany is world market leader in pressure, temperature, and level measurement instrumentation. Today, WIKA's worldwide network employs more than 7,300 highly qualified and motivated professionals with immense know-how and technical proficiency. This is supplemented by our commitment to customer service and quality management to provide comprehensive solutions to improve production processes.

Media Contact: Chris Alcorn, WIKA Process Solutions, 713-475-0022, [email protected]

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