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SPM International acquires Status Pro Maschinendiagnostik GmbH in Germany
SPM International, Sweden, today announces the acquisition of German condition monitoring expert Status Pro Maschinendiagnostik GmbH. A former Status Pro Maschinenmesstechnik GmbH subsidiary, the company now joins the SPM Group of subsidiaries and continues operations under the name SPM Instrument GmbH. Based in Munich, the company will continue to address the condition monitoring needs of industries nationwide.
SPM Instrument, headquartered in Sweden, has established itself as a prominent manufacturer of advanced condition monitoring solutions, operating through a network of subsidiaries worldwide. With the strategic addition of Status Pro Maschinendiagnostik to the Group, SPM is spreading its European reach, in line with its long-term growth strategy.
Status Pro Maschinenmesstechnik GmbH, the parent company of the now-sold business, is renowned for its expertise in machine tool alignment and leveling technologies. Additionally, the company has served as a key distributor for SPM in Germany for nearly thirty years – the last decade through its condition monitoring-focused subsidiary. After years of fruitful collaboration and mutual success, both companies have recognized that the acquisition of the Munich subsidiary by SPM International represents the most advantageous path forward for all stakeholders involved.
Commenting on the acquisition, Stefan Lindberg, CEO of SPM International, stated, "We are delighted to announce the acquisition of Status Pro Maschinendiagnostik GmbH, which reflects our dedication to innovation and growth in the condition monitoring sector. Operating under the SPM brand will enable us to continue our strong development in Germany and strengthen our capability to provide first-rate customer service. We are grateful to our friends at Status Pro for years of successful collaboration and for making this such a smooth and professional transition. We wish Status Pro every good fortune in the future."
Operational as of June 10, 2024, the new SPM Instrument GmbH will retain its current leadership team and staff and continue to work with and expand its customer base.
About SPM Instrument
SPM Instrument is a leading manufacturer of condition monitoring technology, offering innovative solutions for predictive maintenance and asset reliability. With a global presence and a commitment to excellence, SPM Instrument empowers industries worldwide to optimize performance, minimize downtime, and maximize the efficiency of industrial processes.