Angst+Pfister AG, of Zürich, Switzerland, a leading supplier of mechanical and electronic components for the industrial and medical OEM markets, announces the acquisition of the of the paramagnetic oxygen business of FoxSense (The PAROX Company).
FoxSense AG is a Swiss company that develops and manufactures the internationally established PAROX brand, consisting of high-precision, paramagnetic oxygen sensors and analyzers for industrial OEM applications. As owner and managing director, Jacques Faber has decided to sell the PAROX business to Angst+Pfister with the intention of further developing the product alongside a globally active partner with a well-connected sensor technology network and bringing it even closer to the needs of customers. The focus of the transaction is also the continuity of the existing customer relationships and the long-term protection of the partnership.
Angst+Pfister will continue to operate the FoxSense business in its subsidiary Angst+Pfister Sensors and Power (formerly known as Pewatron). Jacques Faber will continue to drive further development at Angst+Pfister as Head of Development Gas Sensor Technology and will be supported in the future by Volker Huelsekopf as a contact person on the market side.
Volker Huelsekopf has been working in the field of gas sensor technology for more than 15 years and was founding member of smartGAS Mikrosensorik GmbH, where he was responsible for sales and marketing. His addition, complements the Angst+Pfister team in the field of oxygen sensing since the beginning of 2023, especially with a focus on the paramagnetic O2 sensors from FoxSense.
"I am pleased to have found a long-term partner in the Angst+Pfister Group, who wants to further expand its already well-established oxygen measurement technology with paramagnetic oxygen sensors and is prepared to support the further development and expansion of capacities with appropriate investments," said Jacques Faber, CEO and owner of FoxSense AG.
"With the acquisition of PAROX products and the further cooperation with Jacques Faber, the continuity of intensive customer relationship is guaranteed. Together we can accompany customers and their applications more closely in the future and strengthen the sales network and the support for PAROX O2 sensors. This is a further step for us to expand our leading position in the field of industrial oxygen sensors. We are looking forward to the exciting discussions with our customers on the application of various oxygen measurements and the further development of the business together," says Thomas Röttinger, CEO of Angst+Pfister Sensors and Power AG.
About FoxSense AG
Founded in 2020 as a spin-off of a longtime market leader for gas sensing technology in Switzerland, FoxSense Company has set itself the goal of further developing the since more than 30 years established international business of paramagnetic oxygen measurement and bringing it even closer to the needs of the customers.
FoxSense AG is a Swiss company that develops and manufactures the internationally established PAROX brand, consisting of high-precision, paramagnetic oxygen sensors and analyzers for industrial OEM applications. As owner and managing director, Jacques Faber has decided to sell the PAROX business to Angst+Pfister with the intention of further developing the product alongside a globally active partner with a well-connected sensor technology network and bringing it even closer to the needs of customers. The focus of the transaction is also the continuity of the existing customer relationships and the long-term protection of the partnership.
Angst+Pfister will continue to operate the FoxSense business in its subsidiary Angst+Pfister Sensors and Power (formerly known as Pewatron). Jacques Faber will continue to drive further development at Angst+Pfister as Head of Development Gas Sensor Technology and will be supported in the future by Volker Huelsekopf as a contact person on the market side.
Volker Huelsekopf has been working in the field of gas sensor technology for more than 15 years and was founding member of smartGAS Mikrosensorik GmbH, where he was responsible for sales and marketing. His addition, complements the Angst+Pfister team in the field of oxygen sensing since the beginning of 2023, especially with a focus on the paramagnetic O2 sensors from FoxSense.
"I am pleased to have found a long-term partner in the Angst+Pfister Group, who wants to further expand its already well-established oxygen measurement technology with paramagnetic oxygen sensors and is prepared to support the further development and expansion of capacities with appropriate investments," said Jacques Faber, CEO and owner of FoxSense AG.
"With the acquisition of PAROX products and the further cooperation with Jacques Faber, the continuity of intensive customer relationship is guaranteed. Together we can accompany customers and their applications more closely in the future and strengthen the sales network and the support for PAROX O2 sensors. This is a further step for us to expand our leading position in the field of industrial oxygen sensors. We are looking forward to the exciting discussions with our customers on the application of various oxygen measurements and the further development of the business together," says Thomas Röttinger, CEO of Angst+Pfister Sensors and Power AG.
About FoxSense AG
Founded in 2020 as a spin-off of a longtime market leader for gas sensing technology in Switzerland, FoxSense Company has set itself the goal of further developing the since more than 30 years established international business of paramagnetic oxygen measurement and bringing it even closer to the needs of the customers.
