Bacharach acquires energy products maker
Bacharach has purchased Parasense, a manufacturer of energy-efficient refrigerant leak detection and energy management products. Terms of the deal were not disclosed.
"Parasense has an exceptional reputation in refrigeration monitoring in the food retail sector, and provides integrated energy management systems and remote data management to ensure energy efficiency, food safety and operating cost savings,” said Doug Keeports, Bacharach president. “This aligns well with Bacharach’s strategic plan and focus on market leadership in instrumentation and expertise of refrigerant monitoring as well as complementing Bacharach’s strengths in the combustion and emissions analysis markets. We are happy to welcome the Parasense team and look forward to continuing to grow our combined businesses.”
Parasense and Bacharach will continue to operate under their existing structure and company name, officials said.