Acquisition Announcement

Netzer Precision Position Sensors was acquired By Ricor Cryogenic & Vacuum Systems

Netzer Precision Position Sensors is proud to announce that the company was acquired By Ricor Cryogenic & Vacuum Systems – A world-leading designer and manufacturer of Cryogenic coolers.Ricor’s products are widely used in high-performance IR, X-Ray, and Gamma detectors.
The acquisition reflects high confidence in the companies’ technology, current, and future products so as financial stability.

A quote from Ricor’s announcement to its shareholders:
“We are very proud and excited to have Netzer absolute electric encoders in our product portfolio. For Ricor, a world leader in Cryogenic coolers for IR detectors, this acquisition is a significant growth engine close to our technological environment.

While aiming to leverage internal synergies, Ricor acknowledges the distinct market positions of each product line. They recognize the unique strengths of Netzer’s technology, particularly the DL-66 shaft rotary encoder‘s applicability across various applications and environments, and anticipate sustainable double-digit growth in the coming years.

Want to know more about our products? You are more than welcome to contact us by phone: +972-4-999-0420 or contact our experts they will be happy to assist you and guide you to the right product!