Measuring Instrument Producer Anton Paar Upgrades Product Portfolio by Acquisition of Quantachrome

Date: 13/02/2018
Autor: Redacción
Categorías: Other news

Anton Paar, the world leader in high-tech measuring instruments in density, concentration, or dissolved CO2, has acquired Quantachrome Instruments. The US-based company adds know-how in the analysis of particle surfaces, porosity, and density of solids to the portfolio of more than 150 analytical solutions manufactured by Anton Paar.

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."

Quantachrome is a renowned, family-owned company with a long tradition in the analytics business. Founded in 1968, the corporation with 170 employees made a name for itself as a global leader in designing characterization instruments for the analysis of porous materials and powders. The instrumentation is used in industrial and research laboratories for the study of surfaces, density, pore size and distribution, and specific gas and vapor interactions. These physical properties are essential qualities of battery and fuel cell materials, catalysts, pharmaceutical powders, ceramics, zeolites, bio- and foam materials, or food products. The technology is related to the BET-method (developed by Stephen Brunauer, Paul Hugh Emmett, and Edward Teller) that uses gas adsorption to determine the surface area of porous components. Quantachrome produces instruments for sample preparation and analysis and has subsidiaries in China and Japan, sells 25 instrument types in 50+ countries, and serves renowned customers all over the world.