June 26 2007
The Executive Board of Delft Instruments announces that it has signed a definitive agreement for the sale of the Enraf division to Honeywell International Inc., Morris Township, NJ, USA. After all regulatory approvals have been obtained, Enraf will be part of Honeywell Process Solutions (HPS), thus expanding Honeywell’s global portfolio in high-growth, high-service industries, including oil and gas. In 2006 Enraf had sales of approximately EUR 100 million. Enraf has realized significant growth both organically and through strategic acquisitions. The six groups within the Enraf division are: Enraf Terminal Automation (precision measurement systems and software for tank storage companies), Enraf Calibron Systems (small volume provers and liquid density meters), Enraf Contrec (fuel management systems used by the petrochemical industry at bulk tank storage sites), Enraf Fluid Technology (custom-engineered explosion-proof precision blending and additive metering equipment), Enraf Marine Systems (level measurement systems for marine applications) and Enraf Tanksystem (mobile precision level measurement systems used on board ships). As part of HPS, Enraf will provide a more comprehensive automation solution in energy production, processing, transport, storage and product distribution. The combined solutions and service of the 2 organizations will help to drive greater efficiency, safety and reliability to highvalued operations within their customers’ value chain. Profile Enraf division The Enraf division consists of six groups that offer comprehensive solutions for the control and management of transportation, storage and blending operations in the oil and gas industry. Enraf is best known for its leading technology, quality products and excellent customer service. Profile Delft Instruments Delft Instruments is the holding company of an international group of companies which hold a leading position in their respective markets with high quality, high-technology products and services. Executive Board of Delft Instruments B.V. Delft,
26 June 2007
For further information: E.H. de Groot, Chairman of the Executive Board Phone +31152601206 E-mail: ehdegroot@delftinstruments.nl http://www.delftinstruments.com/