Bibby Scientific Ltd Acquires Electrothermal Engineering Ltd
As of May 17th 2011, Bibby Scientific Ltd. announced its acquisition of Electrothermal Engineering Ltd. from Thermo Fisher Scientific Inc.
Electrothermal, an Essex based company founded in 1941, is a specialist in precisely controlled heating and cooling applications. Using this expertise the company has developed an extensive range of products including heaters and controllers for the research and teaching laboratory, reaction stations which are commonly used by the pharmaceutical industry for optimising reaction conditions and Vehicle Mounted Vessels which have widespread use in military vehicles for the heating of water and the provision of hot food and drinks for troops.
James Heffernan, CEO of Bibby, released the following statement: “The purchase of Electrothermal's specialist operations will enhance Bibby’s position as an industry leader in the manufacture of laboratory products, in particular, due to Electrothermal's proven track record and expertise in heating and cooling applications, the global attractiveness of their products and their outstanding quality and service. When coupled with Bibby’s sales channels and extensive complementary product range marketed under the brands Stuart, Techne and Jenway, we believe the new group creates a compelling offering for customers, both current and new. We plan to continue to support Electrothermal's reputation as a premium brand offering customers innovative, premium products in each of the markets it serves”.
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