Eppendorf acquires centrifuge business of Koki Holdings Co., Ltd.
Koki Holdings will focus on developing its position as a comprehensive provider of power tools aiming to become a leading global company through strategic investment, accelerated technology and product development.
“We are excited to acquire Koki’s centrifuge business and its premium himac brand. These high-performance products are an ideal fit for Eppendorf's centrifuges business and high-quality standards,” said Dr. Peter Fruhstorfer, Co-CEO of Eppendorf AG. “With this acquisition, Eppendorf will become a full-line provider of high-performance premium centrifuges on a global level. This gives us access to new customer groups and offers opportunities for further growth.” The centrifuge business is one of Eppendorf's core businesses, Fruhstorfer continued, which will be sustainably strengthened by the acquisition.
“We are excited to have Eppendorf as a partner in acquiring our Centrifuge & Processing (C&P) business, which has held a first-place business track record in Japan for over 65 years,” said Atsushi Morisawa, CEO of Koki Holdings. “With Eppendorf’s investment through this acquisition, I am sure the Koki-originated C&P business will earn an extraordinary positioning in the global market. With that, Koki Holdings will strategically focus on the power tool industry to become the top brand globally.”
Koki Holdings Co., Ltd., develops and produces ultracentrifuges and floor-standing centrifuges under the brand name himac in Ibaraki Prefecture, Japan, which is north of Tokyo. The parties have agreed not to disclose the purchase price.
Koki Holdings Co., Ltd. was established in 1948 as manufacturer of power tools, including tools used in coal mining. In 1954, Koki began a centrifuge product business that earned a high reputation in the Japanese and global market. Koki Holdings will continue to focus on the power tools business by developing superior products and services aiming to become a leading global company in the industry.
Other news from the department business & finance
These products might interest you
LUMiSizer by LUM
The Versatile Particle and Dispersion Analyser: At-Line, in the Process and in the Laboratory
Comprehensive analysis of nano / microparticles & their interactions in dispersions with 1 instrument
OHAUS Laboratory equipment by Ohaus
Do More with OHAUS Laboratory Equipment
Do Not Limit Yourself to Just Measurement! Discover Ingenious Portfolio
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.