# Yokogawa Electric to acquire Indian flowmeter maker Adept Fluidyne

Yokogawa Electric signed an agreement to acquire Adept Fluidyne Pvt. Ltd., a leading Indian electromagnetic flowmeter manufacturer based in Pune, Maharashtra. The deal is expected to close by the end of March 2024 and gives Yokogawa a local manufacturing base in India.

- Type: Acquisition
- Announced: 2024-02-28
- Where: Pune, Maharashtra, India
- Status: announced
- Products: electromagnetic flowmeters, ultrasonic flowmeters, IoT gateways, smart water meters, flow calibration services
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Yokogawa Electric Corporation](https://endata.com/companies/1434.md) (acquirer)
- [Adept Fluidyne](https://endata.com/companies/11576.md) (target)

## Sources

- [kikai-news.net](https://kikai-news.net/2024/02/28/%e6%a8%aa%e6%b2%b3%e9%9b%bb%e6%a9%9f%e3%80%81%e3%82%a4%e3%83%b3%e3%83%89%e3%81%ae%e6%b5%81%e9%87%8f%e8%a8%88%e3%83%a1%e3%83%bc%e3%82%ab%e3%83%bcadept-fluidyne%e3%82%92%e8%b2%b7%e5%8f%8e/), 2024-02-28: "横河電機は2月28日、インド電磁流量計市場における国内トップメーカーの1社であるAdept Fluidyne Pvt. Ltd.を買収する契約を締結したと発表した。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.