MALVERN, PA — Vishay Precision Group, Inc. (NYSE: VPG) has announced the acquisition of Nokra Optische Prueftechnik & Automation GmbH, a German company renowned for its precision measuring and testing equipment used in manufacturing. This strategic move aims to enhance VPG’s offerings in sensor and precision measurement solutions. The terms of the transaction remain undisclosed.
Saul Reibstein, Chairman of the Board of VPG, expressed enthusiasm about the acquisition, noting, “We are pleased to add Nokra’s products to the VPG family. Nokra’s technologies fit well with our focus on sensor and precision measurement solutions.”
Ziv Shoshani, CEO of VPG, highlighted the potential synergy between the two companies, stating, “Nokra’s laser-based measuring systems expand upon our existing KELK measurement and inspection solutions for steel and aluminum rolling mills, as well as for the metal processing industry around the world. Nokra’s systems offer customers a high-value alternative to existing technologies in the market and the acquisition dovetails with our long-term strategy to address growing opportunities for optimized production and quality control solutions.”
Nokra’s technology specializes in laser-based measurement gauge systems that precisely assess thickness, flatness, contour, width, or 3D profiles of metals. These systems are applicable in both inline and offline production settings, making them a versatile addition to VPG’s portfolio.
This acquisition represents a critical step in VPG’s strategic plan to enhance its capabilities in precision measurement, catering to a broad spectrum of industrial needs. With Nokra’s integration, VPG is poised to deliver superior solutions for quality control and production optimization, thereby reinforcing its position in the global market.
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