Battery to acquire LDetek as an add-on for PST platform

Battery Ventures, a U.S. technology investment firm, has agreed to acquire Thetford Mines, Québec-based LDetek, a maker of gas chromatography instruments and online analyzers, for its Process Sensing Technologies' (PST) platform. No financial terms were disclosed. LDetek was founded in 2009 by President Louis Paradis and CTO Dany Gagné. They will continue to lead the company with the acquisition's close. U.K.-based Process Sensing Technologies is a provider of instruments and analyzers for precision measurements. Battery invested in the business in 2017.

7 June 2018•3 mins read
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