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Ashcroft Announces Acquisition of Rüeger SA and Stiko BV
STRATFORD, Conn.–(BUSINESS WIRE)–Ashcroft Inc. (Ashcroft) announced the planned acquisition of
Swiss-based Rüeger Holdings SA (Rüeger) and Dutch-based STIKO
Meetapparatenfabriek B.V. (Stiko), both manufacturers of specialty
temperature and pressure measurement products. The transaction is
expected to close in the coming days.
Rüeger is a recognized leader in highly engineered temperature and
pressure measurement products, with locations in Switzerland, Germany,
China and Malaysia. Rüeger’s high reliability measurement solutions
include a comprehensive array of mechanical and electronic measurement
instruments. Rüeger’s innovation has spanned over 75 years leading to
the development of multi-point temperature sensors for critical Refining
and Petrochemical reactor applications, and proprietary technology for
extremely high accuracy temperature sensing up to 1050°C.
Stiko is a specialized manufacturer of temperature and pressure
measurement instruments as well as laboratory calibration products based
in Roden, Netherlands. Founded over 50 years ago, Stiko’s customized
products are tailored for safety critical applications in the Subsea,
Oil/Gas, Marine, Pharmaceutical and Food/Beverage markets.
Steven A. Culmone, President and CEO of Ashcroft stated, “I am excited
to announce the acquisition of Rüeger and Stiko by Ashcroft Inc.,
leveraging the power of strong global brands and adding an impressive
portfolio of highly engineered products and solutions. This will enhance
our value to worldwide customers and will accelerate our penetration
into our served markets.
Ashcroft’s focus on protection of our customers’ people, processes and
profits will be reinforced with this merger and allow for aggressive
execution of global growth.
This is a very exciting opportunity for the company, for our employees,
our partners and customers. Our greatest assets have always been our
people, and by this acquisition we will continue to strengthen the
quality of that asset.”
Bernard Rüeger, Chairman of Rüeger Holdings SA stated, “We are very
confident that the Rüeger brand will continue to grow successfully
within Ashcroft, thanks to new market synergies around the world and the
complementary nature of our respective products.”
ABOUT ASHCROFT
Ashcroft was founded over 165 years ago with a mission to protect our
customers with a brand recognized for reliability and innovation in the
fields of pressure and temperature measurement. Ashcroft maintains
operations in the United States, Mexico, Brazil, Germany, China and
Singapore along with over 235 channel partners in 55 countries
supporting our customers around the world. Ashcroft is headquartered in
Stratford, CT, USA and is a subsidiary of Nagano Keiki Co., Ltd. based
in Tokyo, Japan.
ABOUT RÜEGER & STIKO
https://rueger.com
https://stiko.com
Contacts
Sheila Nevins
VP Human Resources
T +01 203 385 0612
E [email protected]
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Humboldt
Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace
Apollo Green to distribute Humboldt Seed Company clonal cannabis genetics to Germany, Portugal and Australia
SAN FRANCISCO, April 30, 2024 /PRNewswire/ — Humboldt Seed Company (HSC), California’s leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide. This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.
The curated, breeder-verified selection includes pioneering triploid genetics, such as OG Triploid and Donutz Triploid alongside the legendary cult classic Blueberry Muffin. Also available are All Gas OG with a THC content of 21% and four high-THC strains in the 30-35% range: Golden Sands, Guzzlerz, Jelly Donutz and Orange Creampop. These selections represent the top .01% from HSC’s extensive California pheno-hunting program.
Exports will begin in May under Apollo Green’s Canadian federal cannabis license. All shipments have Canadian phytosanitary certification, ensuring plants have been inspected, and are clean and free of pests.
“Access for all to quality genetics has been our core focus since the beginning,” said HSC Co-founder and Chief Science Officer, Benjamin Lind. “Our science-based approach to breeding aligns perfectly with Apollo Green’s high standards and we are excited to be able to extend these hand-selected cuts to a wider audience, especially at this pivotal time where we’re seeing positive regulatory changes globally.”
Oisin Tierney, Apollo Green Director of Business Development, said, “California has long been recognized for setting industry standards, and we are proud to play a role in bringing these esteemed genetics to cultivators worldwide. The triploids are especially noteworthy in terms of the unprecedented potential for enhanced plant vigor, higher yields, shorter flowering times and superior returns for solventless extraction.”
About Humboldt Seed Company
Established in 2001, Humboldt Seed Company is a Northern California heritage brand providing quality cannabis genetics to commercial cultivators and home growers in legalized states across the U.S. and international markets including Spain, Canada, Jamaica, South Africa, Colombia, France, Portugal, Greece, the UK, Malta and Thailand. With a focus on environmental and social justice, they combine traditional breeding and modern scientific practices in their strain development program. They have served the cannabis community for over two decades.
For more information visit https://humboldtseedcompany.com/.
About Apollo Green
Licensed since 2019, Apollo Green is Canada’s leader in cannabis genetics. The company’s mission is to provide an ever-growing bank of seeds and clones to medical patients and recreational consumers. Apollo Green provides clean, trusted cannabis seeds and clones, which are backed by the foremost tissue culture technology to reduce risks, costs and time-to-market for licensed producers around the world. Apollo Green is passionate about cannabis genetics.
For more information visit https://apollogreen.com/.
Media contact
Jaana Prall
[email protected]
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