MRI (Dallas), the parent company of ShockWatch, announced the acquisition of IntroTech Inc. (St. Paul, Minn.), a privately held manufacturer of small, chemical-based temperature sensors that provide tracking of temperature fluctuations for goods in transit and storage. ShockWatch is a developer and manufacturer of damage prevention products for a wide variety of industries. It has distributed the IntroTech monitors worldwide for more than 10 years as part of its line of Environmental Indicators. With the acquisition, ShockWatch will increase global marketing and distribution of the IntroTech products. Terms of the transaction were not disclosed.
"ShockWatch has extensive knowledge of our entire product line and has had great success selling them worldwide," said Laura Manske, president of IntroTech. "IntroTech will be in good hands. ShockWatch will provide the dedicated resources in engineering, manufacturing, and marketing that are needed to elevate global sales to the next level."
Founded in 1987, IntroTech manufactures the WarmMark and ColdMark Environmental Indicator product lines, which track temperature fluctuations of temperature-sensitive goods during shipping and storage. The versatile devices provide accurate, irreversible proof of possible damage when thermal conditions fall outside an acceptable range.
Source: ShockWatch
