Perten Instruments acquires Newport Scientific
Perten Instruments of Sweden announced, that it has acquired the Australian based instrument manufacturer Newport Scientific Pty Ltd.
Under the terms of the acquisition, the Newport Scientific will continue to deliver its viscometry based instruments; the Rapid Visco Analyser range, and the doughLAB range, for food and grain testing, under the well known Newport Scientific brand. The Perten group will take control of much of the distribution through its network of independent and wholly owned subsidiaries.
Sven Holmlund, CEO of Perten Instruments said 'The complimentary nature of the instrument range from Perten Instruments and Newport Scientific allows us to deliver a wider range of analytical solutions to our customers from a single source. As well, through acquiring Newport Scientific, we provide highly skilled support in the Asia Pacific time zone to our customers in that region.'
Rodney Booth, CEO and founder of Newport Scientific said 'The financial strength and market position of Perten Instruments provides new opportunities for Newport Scientific products to expand into new applications and territories. Combining with Perten Instruments brings greater possibilities for our customers, our distributors, and our employees. I believe it is a great match.'
Source: Perten Instruments