Anton Paar acquires Quantachrome Instruments
Quantachrome and Anton Paar finished the purchasing process on February 9 at the Quantachrome headquarters in Boynton Beach, Florida. The companies agreed not to disclose the purchase price. Under the umbrella of the Anton Paar Group, the company will continue operations in Boynton Beach. Georg Cortolezis-Supp, Executive Director Production & Purchasing at Anton Paar, will manage the new subsidiary which is the seventh producing company within the Anton Paar Group. In line with the strategy of Anton Paar, the company is currently planning a modernization and expansion of the plant. The former president Scott Lowell and CFO Lauren Spector will provide support in the transitional period.
Friedrich Santner, CEO of the Anton Paar Group: “Quantachrome’s products are a perfect addition to our product portfolio in particle characterization. Until now, we have mainly offered analytical solutions for the physical examination of liquids and particles. With this acquisition, our expertise in the analysis of solids will be expanded. The combination of existing and new technologies from both companies will result in the creation of improved or new measuring solutions. Additionally, our strategic goal to have a US-based unit for research, development, and production within the Anton Paar Group has been fulfilled.”
Scott Lowell, former president of Quantachrome: “I am pleased that an innovative and highly valued company such as Anton Paar will carry on what we have established, developed, and produced at Quantachrome. Anton Paar is known for its great company culture, the advanced and highly precise production driven by research and development, and a demanding but also appreciative way of dealing with the employees. In contrast to many international companies, Anton Paar has a sustainable company philosophy that is reflected in their decision to continue and extend the business at Quantachrome’s headquarters in Boynton Beach, Florida.”
Other news from the department business & finance
Most read news
More news from our other portals
See the theme worlds for related content
Topic World Particle Analysis
Particle analysis methods allow us to study tiny particles in various materials and reveal their properties. Whether in environmental monitoring, nanotechnology or the pharmaceutical industry, particle analysis gives us a glimpse into a hidden world where we can decipher the composition, size and shape of particles. Experience the fascinating world of particle analysis!
Topic World Particle Analysis
Particle analysis methods allow us to study tiny particles in various materials and reveal their properties. Whether in environmental monitoring, nanotechnology or the pharmaceutical industry, particle analysis gives us a glimpse into a hidden world where we can decipher the composition, size and shape of particles. Experience the fascinating world of particle analysis!
Last viewed contents
Chemtura Completes Sale of Oleochemicals Business to PMC Group NA Inc.
Electrode materials from the microwave oven - Novel process for producing high-voltage cathodes for lithium-ion batteries
Interlab Srl - Rom, Italy
Tiny graphene radios may lead to Internet of Nano-Things
International consortium to advance decarbonisation of the aviation sector - CARE-O-SENE research project will develop advanced catalysts for sustainable aviation fuels
Lonza extends partnership with Pharmacyclics
Lipid_storage_disorder
New PET-like plastic made directly from waste biomass - “We essentially just ‘cook’ wood or other non-edible plant material, such as agricultural wastes, in inexpensive chemicals to produce the plastic precursor in one step”
