BOYNTON BEACH, FL, February 12, 2018 /24-7PressRelease/
-- 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.
Friedrich Santner, CEO of the Anton Paar Group: "Quantachrome's products are a perfect addition to our product portfolio in particle characterization. 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."
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, or pore size and distribution. These physical properties are essential qualities of battery and fuel cell materials, catalysts, pharmaceutical powders, ceramics, zeolites, bio- and foam materials, or food products.
Established in 1922 in Graz, Austria, Anton Paar
is the world leader in the measurement of density and concentration, the determination of dissolved CO2, and in the field of rheometry. Anton Paar's customers include most of the major beer and soft drink manufacturers worldwide as well as companies active in the food, chemicals, and pharmaceutical industries.
The corporation strives to combine high-precision manufacturing with the latest scientific achievements; the Anton Paar GmbH invests 20% of the annual turnover in research (R&D). Besides focusing on R&D, Anton Paar's growth is based on strategic acquisitions.
The Anton Paar Group (2900 employees) is active in more than 110 countries with 29 international sales subsidiaries and seven producing firms in Europe and the USA.