Sale of iMeter, a Subsidiary of Kale, to Dresser

Dresser Inc., a leader in providing highly engineered infrastructure products for the global energy industry, has acquired iMeter B.V. a global supplier of natural gas metering equipment. iMeter B.V., Kale Holding’s subsidiary based in the Netherlands, manufactures and markets rotary and turbine gas meters, meter instrumentation and meter calibration systems for the natural gas industry. iMeter B.V. was known for its innovative product design capabilities and engineering expertise. In this complex transaction, together with our sister Dutch investment bank, we coordinated a competitive sale process with multi bidders, keeping the varying interests of our Turkish client and its Dutch partners. Financial and strategic advisor to Kale Group