TASI Group, the Harrison, Ohio-based parent company of AW-Lake Co., Oak Creek, Wis., acquired ONICON, a Largo, Fla.-based company specializing in the design and manufacture of flow meters and energy measurement systems.
ONICON addresses liquid flow, steam flow, natural gas flow, airflow and thermal energy applications with a broad range of flow meter technologies, including electromagnetic, turbine, ultrasonic, thermal mass, vortex, Pitot tube and BTU meters.
The combined businesses now form a substantially larger TASI flow segment group that offers an extensive range of technology.
“The ONICON acquisition is a strategic win for everyone,” says John McKenna, chief executive officer of TASI. “ONICON’s diversified portfolio of flow technologies compliment TASI flow businesses with little overlap in technology, industries and geographic regions. This acquisition positions both businesses on an aggressive growth path.”
John Norris, former ONICON president and CEO, will serve as president of TASI Flow Segment, responsible for overseeing the entire combined group of flow businesses.