Bacharach, Inc. Acquires Neutronics, Inc.
NEW KENSINGTON, Pa. – Bacharach, Inc. has acquired Neutronics Inc., a provider of refrigerant and gas analyzers. Neutronics’ technologies serve the automotive and commercial HVAC markets, and provide high-purity oxygen analyzers to the semi-conductor industry, and self-contained breathing units to the safety and rescue industry. Financial terms of the private transaction were not disclosed.
The combination of Bacharach and Neutronics will strengthen Bacharach’s ability to provide the worldwide HVAC-R and automotive markets with high-quality fixed and portable gas test and measurement instrumentation.
Neutronics will continue to carry its existing brand and operate under the leadership of Gary Halpern, president, and David Halpern, COO, who joined their father Terry Halpern at the company over 40 years ago. Terry founded the business in 1976 with a focus on the measurement and control of oxygen and other gases for safety, environmental and general industrial applications.
Neutronics will operate as a wholly owned subsidiary of Bacharach.