Badger Meter has signed an agreement to acquire D-Flow Technology AB of Luleå, Sweden, for approximately 23 million US$. D-Flow Technology is a knowledge-based company specializing in ultrasonic technology, primarily for flow measurement. „There is a growing acceptance of ultrasonic technology within the municipal water market. We believe the D-Flow Technology will strengthen our position in ultrasonic flow measurement by enabling us to further enhance our existing E-Series ultrasonic product line, lower production costs and provide a platform for the continuing advancement of our ultrasonic capabilities,“ said Richard A. Meeusen, chairman, president and chief executive officer of Badger Meter. The acquisition is effective May 1, 2017.
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