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Yokogawa Electric Corporation of Japan acquired Indian company Adept Fluidyne Pvt. Ltd., as announced by Yokogawa India Limited. The deal value was not disclosed.
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.