Indev Gauging Systems Inc, the US-based wholly owned subsidiary of the Jasch Industries Ltd, has entered into an agreement to acquire Automation and Control Technology Inc (ACT) for a consideration of $ 1 million. The combined entity will offer the most advanced and cost effective in-line web based measurement and control technologies currently available within the coatings, converting, building products, metals, plastics and non-woven industries.
A specialist in in-line process measurement and control solutions, Indev Gauging Systems was acquired by Sonepat (Haryana) based Jasch Industries in 2011. Since its inception in 1947, Indev has expanded from simple in-line measurement solutions into