Mergers & Acquisition

B&K Precision Acquires Teknix S.A.

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B&K Precision Corporation

22820 Savi Ranch Parkway, Yorba Linda, CA, 92887, USA

Original Press Release

B&K Precision Acquires Teknix S.A.

Press release date: June 16, 2014

New Subsidiary Will Operate as South American Headquarters

YORBA LINDA, CA –  BK Precision Corporation announced today the acquisition of Teknix S.A., a service and calibration company based in São Paulo, Brasil. Under the new name of B&K Precision Brasil, the subsidiary company will become B&K Precision’s headquarters for South American operations. Antônio Freitas, who founded Teknix S.A. in 1999 will continue to serve as the manager of calibration and service operations of B&K Precision Brasil.

“With this acquisition, our company is laying the grounds for continued growth in the South American market. To better support our expanding customer base in Brasil and other South American countries and to understand their specific needs, it was important for us to establish  our own operation in the region. This will allow us to provide the same level of service to our distributors and end user customers in South America as our US and other international customers are accustomed to,” said Victor Tolan, President and CEO of B&K Precision.

B&K Precision Brasil will directly import products from B&K Precision’s manufacturing sites, and continue selling B&K instruments via an authorized distributor network. The subsidiary will provide local service and support for B&K Precision instruments, and continue to operate as an authorized third party service and calibration center.

About B&K Precision
For more than 60 years, B&K Precision Corporation has been building a reputation for excellence in the design and manufacture of reliable and cost-effective test and measurement instruments. The company’s products are used in a wide range of applications including design, research and development, production line testing, industrial maintenance, and electronic field service. B&K Precision test and measurement instruments are standard equipment in a large number of universities and technical schools which train future engineers and technicians. B&K Precision was founded in 1951 and is headquartered in Yorba Linda, California.

Contact:
Geisa Mello
gmello@bkprecision.com
(714) 921-9095

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