Omega Engineering, whose revenues are not released, but commonly considered to be well above $300 million annually has been sold.
This ends an era for Mrs. Betty Hollander and the Hollander Family. Mrs. Hollander, who was CEO of Omega from the beginning, started the company in her kitchen when she was putting her husband through school. It is difficult to say with any certainty how large the company actually is, since the Hollanders kept that information closely held. Omega does not appear on the Top 50 in Control magazine because the Hollanders requested not to be counted, and declined to provide data.
It is believed that Omega was one of the largest woman-owned and operated businesses in the United States.
Mrs. Hollander was made an Honorary Member of ISA in 2001.
We can hope that the tradition of extraordinary customer service she fostered will be continued under the new management.
From Next Communications:
Spectris to Acquire Omega Engineering, Expanding Process Measurement and Control Instrumentation Offering Globally
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Omega Engineering supplies a wide range of products for process measurement and control.
EGHAM, England – August 16, 2011 – Spectris plc, the productivity-enhancing instrumentation and controls company, announces that it has signed an agreement to acquire the Omega Engineering business. Omega is a leading supplier of process measurement and control instrumentation across a broad range of categories, including automation, wireless, test and measurement, process control, power monitoring, environmental and lab equipment.
Founded in 1962, Omega has grown steadily and is now an established global leader in the technical marketplace. The company offers over 100,000 state-of-the-art solutions for measurement of temperature, pressure, flow, level, strain, humidity, pH and conductivity, as well as a comprehensive line of data acquisition, electric heating and custom engineered products.
“We are delighted to have reached agreement to acquire the Omega Engineering business, which will bring a significant strategic growth platform to Spectris,” said John O’Higgins, Chief Executive of Spectris. “Omega will continue to serve its customers with innovative products and outstanding service. With its focus on control of temperature, pressure, flow and other common industrial process measurements, Omega is a natural fit for our industrial controls segment and enables us to expand our product offering to customers globally.”
Spectris plc is a leading supplier of productivity-enhancing instrumentation and controls. The company’s products and technologies help customers to improve product quality and performance, improve core manufacturing processes, reduce downtime and wastage, and reduce time to market. Its global customer base spans a diverse range of end user markets.
Spectris operates across four business segments, which reflect the applications and industries it serves: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls. Headquartered in Egham, Surrey, England, the company employs over 6,400 people, with offices in more than 30 countries.