Jan 2015 - Milling and Grain magazine

Page 11

Milling News

COMPANY UPDATES

PerkinElmer acquires Perten Instruments

P

erkinElmer Inc has agreed to acquire Perten Instruments Group AB (“Perten”), a global leading supplier of advanced analytical instruments for quality control of food, grain, flour and feed, from Valedo Partners Fund I AB (“Valedo”), the Perten family and key staff in Perten. Perten has under Valedo’s ownership since 2010 doubled in size through successful investments in product development and geographical expansion. PerkinElmer’s commitment to the food quality testing space and presence in complementary markets combined with Perten’s solid market position and leading product portfolio is an ideal match to further strengthen a leading position in this sector. Perten, founded in 1962, develops and markets instruments, along with a market leading food quality calibration database and ancillary services, for advanced quality control of food, grain, flour and feed. Over the last few years, Perten has achieved strong organic growth and today generates an annual turnover of more than EUR 50 million with sales in more than 100 countries. Perten has a global leading position in several product segments which is the result of the development of ground-breaking products, several of which are now industry standards. PerkinElmer, Inc. is a global leader focused on improving the health and safety of people and the environment. Through combining innovative detection, imaging, laboratory services,

and informatics solutions with knowledge and expertise PerkinElmer supports the discovery of critical insights in diagnostics, life sciences, and environmental applications. The company reported revenue of approximately $2.2 billion in 2013, has around 7,600 employees serving customers in more than 150 countries. “I am very proud of what Perten has achieved in the market. Since 2010 we have accelerated our efforts to develop and launch innovative products and services and we have significantly expanded our sales and service organisation in both existing and new markets. Perten has appreciated working with Valedo and now welcome PerkinElmer as our new owner, who we are convinced will be able to contribute significant resources and competence to further develop and grow our business.” said Sven Holmlund, CEO, Perten Instruments Group AB. “The combination of Perten’s unique capabilities with PerkinElmer’s portfolio of innovative analytical instruments will enable us to further penetrate the multibillion dollar global food testing market, including longer-term opportunities in higher growth regions such as China,” said Jon DiVincenzo, President, Environmental Health, PerkinElmer. “PerkinElmer will now be firmly positioned to help customers address rigorous regulations for food quality control, import/export product testing, and the need to preserve the integrity of global supply chains.”

Andritz acquires Herr-Voss Stamco, USA International technology Group Andritz has acquired Herr-Voss Stamco Inc., headquartered in Callery, Pennsylvania, USA, and is thus enlarging its service and product offerings for North American customers in the metals sector. Andritz Herr-Voss Stamco has around 300 employees and generates annual sales of approximately 50 million euros. It was agreed not to disclose the purchase price.

Portasilo have invested significantly in an extensive infrastructure to support the strategically important Indian market. Portasilo have been operating within the Indian market for over 10 years we have gained extensive application experience in all geographical areas within India and working across a number of key sectors including Chemical, Food, Water and Energy. We are a market leader in providing bulk material handling solutions to the Paint industry, with a number of blue chip organisations currently utilising Portasilo products and Portasilo designs within their manufacturing plants. From design through to manufacture, install and commission, we have a local solution At Portasilo India, we have extensive experience and local knowledge, we can offer design, manufacturing and installation ensuring we are able to provide turn key solutions supported by our UK head office.

January 2015 | 7


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