SICK and Endress+Hauser sign MoU for process automation joint venture

SICK AG and Endress+Hauser AG signed a Memorandum of Understanding to form a strategic partnership in process automation, creating a joint venture focused on 'Cleaner Industries.' Each company will hold half the shares, with Endress+Hauser contributing financially and SICK contributing its Cleaner Industries Business Cluster.

“Their goal is to jointly market and refine SICK's Flow and Analyzer technologies – and to provide customers better support throughout the value chain with future-relevant topics like climate and environmental protection, the energy transition and hydrogen economy in the process.”sick.com

• 2 sources
• sick.comSICK AG and Endress+Hauser AG want to join forces in process automation - Technology firms sign joint Memorandum of Understanding for a strategic partnership for the energy transition | SICKOct 27, 2023
• pcne.euSICK and Endress+Hauser Sign Memorandum to Join Forces in Process AutomationPCNE.EUNov 7, 2023

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