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19 Jul 2024
Admin
News Article

Malvern Panalytical to Acquire Micromeritics to Become World Leader in Particle Characterization

Overview

Micromeritics Instrument Corporation, is the world’s leading manufacturer of high-performance systems, announces an agreement to be acquired by Malvern Panalytical, a global leader in the analytics of material and life sciences.

Malvern Panalytical

Malvern Panalytical is a leading brand in the laboratory, world-renowned for superior measurements and high levels of customer support.
They offer a high-performance range of physical, structural and elemental analysis products that are highly complementary to Micromeritics’ technologies.

Words from the CEO: Micromeritics

Terry Kelly, president and CEO at Micromeritics, said: “Micromeritics is a world leader in particle characterization. Our market-leading technologies are used daily in the labs of the world’s most innovative companies and institutions. Our end markets are strong and growing, and we have a robust new product pipeline. The integration with Malvern Panalytical is powerful.”
“Together our companies will be able to unlock more answers for customers and provide expert applications and technical support that cannot be matched by any other company. The last four and a half years have been an exciting period of growth for Micromeritics, it was a great partnership with SFW Capital. The acquisition by Malvern Panalytical is a perfect fit for our technologies, our customers, and most importantly our people.”

Words from CFO: Spectris Scientific

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 an excellent business with a strong track record of growth and innovation and excellent future growth prospects. 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.”

About Acquisition Agreement

The acquisition agreement is subject to approval from US authorities.
Until approval is received, and the transaction completes, Spectris, Malvern Panalytical and Micromeritics will continue to operate as usual and as independent businesses.

Micromeritics Instrument Corporation

Micromeritics Instrument Corporation is the world’s leading manufacturer of high-performance systems to measure density, surface area and porosity, powder rheology and catalyst activity.
The company is headquartered in Norcross, Georgia, USA with manufacturing sites in the US and Europe, and direct sales operations throughout North America, Europe, and Asia.

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