This joint venture will bring market and product portfolio synergies, providing the industry with new solutions and increasing the chances of success. In the field of process automation, SICK and E+H’s product and solution portfolios complement each other and are leaders in their respective fields of application.
In its clean industrial business, SICK develops, manufactures and markets analyzers for applications such as emission monitoring for conventional fuels. In addition, SICK’s ultrasonic flowmeters already provide reliable measurements of natural gas/hydrogen mixtures, facilitating the transition to non-fossil fuels. Through its products, solutions and services, E+H actively supports the sustainable transformation of its global process industry customers, contributing to energy and resource efficiency, energy transition and circular economy.
This strategic partnership will provide both companies with new opportunities in process automation, including market-leading technology innovation, global customers, and successful energy transitions. Dr. Mats Gokstorp, Chairman of the SICK Executive Board, said: “With this strategic partnership, E+H and SICK will open up new opportunities. The impetus for this collaboration stems from the gradual decarbonization of industry, bringing with it a changing process automation market environment. By working together, we can better take advantage of these great opportunities to provide our customers with the best solutions and grow together with them. The years of collaboration between us, a similar family business culture and a shared love of technology and talent are key drivers. Our successful projects with E+H demonstrate that we work well together.”
Matthias Altendorf, CEO of E+H, said: “Our strategic partnership is mutually beneficial on multiple levels. By combining our strengths, we hope to seize common opportunities. Since SICK and E+H are already very successful companies in their own right, our actions have an advantage. We firmly believe that if we work together, we will achieve greater success. By working together, we can better support our customers and accompany them in their sustainable transformation of the process industry.”