Malvern Instruments acquires assets of Reologica Instruments AB
Malvern Instruments Limited has acquired certain assets of Swedish rheology company Reologica Instruments AB (Lund, Sweden), which went into administration on 23rd March 2010. Financial terms have not been disclosed.
Paul Walker, Managing Director of Malvern Instruments, said: "This purchase gives Malvern access to additional technologies and intellectual property that will support the continued development of our own rheology business."
"Reologica Instruments has been involved in the design and manufacture of rheometers and associated accessories for more than 20 years and there is a wealth of knowledge in the business. We anticipate that key members of the Reologica team will transfer as a result of the deal."
"Malvern has a global reputation not only as a manufacturer of world-class materials characterization systems, but also for the support that we provide to our customers. We will endeavour to support existing users of Reologica systems wherever we can."
Source: Malvern Panalytical GmbH