Apr 2010 | Arizona
Cox Instruments acquired by Badger Meter
Generational Equity, a leading advisor to privately held and family-owned businesses for mergers, acquisitions, strategic growth initiatives, business valuation and exit planning announced the successful sale of its client, Cox Instruments, LLC of Scottsdale, Arizona to Badger Meter, Inc. (NYSE:BMI) of Milwaukee, Wisconsin. The purchase resulted in the merger of the two companies, now named Cox Flow Measurement, Inc.
Cox Instruments, LLC engages in the manufacturing and marketing of high performance flow meters used in demanding applications such as aerospace, custody transfer, and flow measurement calibration test stands. Badger Meter, Inc. is a manufacturer and marketer of products incorporating liquid flow measurement and control technologies serving markets worldwide.
The Company’s products are used in a range of applications, including water, oil and chemicals. Its product lines fall into two categories: water applications and specialty applications. Its water applications include the sale of water meters and related technologies, and services used by water utilities as the basis for generating water and wastewater revenues. The Company’s products are also sold for other water purposes, including irrigation, water reclamation and industrial process applications. Specialty applications include the sale of meters and related technologies, and services for measuring a range of fluids in industries, such as; food and beverage, pharmaceutical production, petroleum, heating, ventilating and air conditioning (HVAC), and measuring and dispensing of automotive fluids. r
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