Müllheim, Germany / Tustin, CA (USA) March 1, 2016.
The Hellma Group
- leading manufacturer of optical solutions and
components for the process industries and research and analytical
laboratories - has announced today the conclusion of an agreement
regarding the acquisition of the assets of Axiom Analytical Inc.
This
acquisition will form the world’s leading supplier of optical precision
modules for online spectroscopy in the field of process industries.
„This transaction will represent an important milestone within our
company’s history which aims at further developing our market
shares by solutions that fit our customers‘ applications accurately.
Moreover, it will offer great potential for more innovative products for
the analytics business sector” explains Lutz Mayer, CEO of the Hellma Holding GmbH.
Holm Kändler, President of the newly
established Hellma Axiom Inc. adds “With the Axiom Analytical
acquisition we will ensure profitability in the industrial sector of the
Hellma Group and in addition will focus more on industrial trends
such as the increasing automation and growing quality
requirements.”
Dr. Mike Doyle co-founder of Axiom Analytical Inc. said “The Hellma
Group and Axiom Analytical are a perfect match. The combination will
enable on the one hand the strategic expansion of our business and
the continuation of the past decades’ successful activities. On the
other hand, customers all over the world will now have access to
products and know-how from the two strongest companies within this
market. This is truly unique and will create major synergies.”
Over the past years, the Hellma Group has been able to implement
several transactions successfully. Based on the past experience, a
team of representatives from both companies will control this
integration process again this time.
The two founders of Axiom
Analytical Inc. Norm Jennings and Dr. Mike Doyle will work as
consultants for the newly established Hellma Axiom Inc. The
company location in Tustin, CA remains unchanged. Support and
assistance for customers and suppliers will be provided from there.
Website Hellma:Group http://www.hellma.com/group/964/de/home.html
Website Axiom Analytical Inc. http://www.goaxiom.com/
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