Bemsiq acquires Canadian company QEL

Bemsiq AB has acquired 100 percent of the shares in Quatrosense Environmental Ltd (QEL). Established in 1986, QEL is a pioneer within the gas detection space. The company has nearly 40 years of experience in the development of hardware and software devices for gas detection applications, with a strong focus on design and technology.

QEL has its head office and manufacturing in Richmond, Ontario, Canada and customers around the world, with a full suite of indoor air quality and refrigerant gas detection products. Specialized equipment and turnkey systems have also been developed for numerous markets including the Mining, Petrochemical and Brewery verticals. The company has 15 employees, with a revenue of 8 MCAD (FY2023).

Bemsiq has created a strong position within the building automation field device market in Europe and North America in recent years, and the investment in QEL expands Bemsiq’s product range with a full-service gas detection offering. QEL will operate within the Bemsiq Group as a wholly owned subsidiary of Greystone Energy Systems Inc. The QEL and Greystone product lines are very complimentary.

"We want to give our warmest welcome to all QEL employees,” says Mikael Johnsson Albrektsson, CEO at Bemsiq. “We have known and followed QEL for many years and are impressed by their position and growth journey within the gas detection market. The complementary product lines between Greystone and QEL offer significant new growth opportunities for Bemsiq from a product and application perspective.”

He continues:

“In addition, we have the ability to take the QEL product around the world through our subsidiaries in Dubai, India, Singapore and Malaysia. This is now Bemsiq’s third acquisition in North America and we are looking forward to continuing our expansion in the region.”

Dave Jenkins, founder of QEL, is very excited to join the Bemsiq Group family.

“The onboarding of Bemsiq as a new owner gives us the opportunity to reinforce our development plan, strengthen our market position and serve QEL’s customer base in the best possible way going forward”, he says.