Malvern Panalytical, an analytical services provider for the life sciences industry, has acquired Micromeritics Instrument Corporation, a manufacturer of analytical instruments.
Although the company currently offers a range of physical, structural and elemental analysis products, this strategic move will boost Malvern Panalytical’s technological offering.
President and CEO at Micromeritics, Terry Kelly, said: “Our technologies are used daily in the labs of a number of companies and institutions. Our end markets are strong and growing, and we have a robust new product pipeline. Our integration with Malvern Panalytical will allow us to unlock more answers for customers and provide expert applications, as well as technical support. The acquisition by Malvern Panalytical is a perfect fit for our technologies, our customers and most importantly — our people.”
Derek Harding, current CFO at Spectris and soon-to-be President of Spectris Scientific, said: “Together, Micromeritics and Malvern Panalytical provide a unique opportunity to create a leading and highly differentiated position and a fully integrated offering in particle characterisation,”
“Micromeritics is a business with a strong track record of growth and innovation. It will be a great addition to Malvern Panalytical and will strengthen our position in a number of key end markets benefiting from long-term, secular and sustainability growth trends, as well as accelerating sales of each other’s offerings. We look forward to welcoming the Micromeritics team and providing our customers with a wider portfolio of market leading solutions, helping to enhance their processes and productivity.”