Measurement Specialties Announces Acquisition of Eureka Environmental

Measurement Specialties, Inc. MEAS announced the acquisition of Eureka Environmental, a manufacturer of multi-parameter instruments for in-situ analyses of natural waters worldwide. The transaction closed July 8, 2011. Frank Guidone, Company CEO commented, "Since completing the acquisition of Pressure Systems, Inc., we have been looking for add-ons that would expand our product offering and reach within the $100 million environmental water-monitoring business. Eureka, while small, has an extremely competitive design that challenges the top players in the global market. With our manufacturing and sales resources, we can build share rapidly in a market driven by demand on the world's fragile water supplies."