Acquisition completed
ppm Sensortechnik takes over measurement gauge manufacturer PHYNIX from Cologne
With economic effect from July the 1st, 2014 ppm Sensortechnik GmbH in Neuss took over PHYNIX GmbH & Co. KG in Cologne. PHYNIX GmbH & Co. KG remains a legally independent enterprise after the takeover.
The company ppm Sensortechnik is an EMS (Electronic Manufacturing Services) service povider operating in the fields of manufacturing and production of electronic assemblies. Dr. Hendrik Brenig, the new CEO of PHYNIX GmbH & Co. KG, explains the takeover: "With this takeover ppm Sensortechnik expands it´s own product range and adds mobile measurement devices, which are the perfect complement to the established products and services. Simultaneously a contineous progression is granted for PHYNIX."
PHYNIX GmbH & Co. KG produces and distributes as a leading manufacturer worldwide comprehensive electronic measurement and testing devices for the whole area of quality assurance within the surface industry and corrosion protection. The value chains of both companies are enhanced by the acquisition, which results in positive effects on the potential of development, know-how, quality, and production resources.