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Friday, 20 September 2019
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Markets & companies

Anton Paar expands product portfolio by acquisition of Quantachrome

Thursday, 15 February 2018

Measuring Instrument Producer Anton Paar expands its strategic operations and aquires US-based company Quantachrome Instruments.

Headquarters of Anton Paar in Graz, Austria. Source: Anton Paar.

Headquarters of Anton Paar in Graz, Austria. Source: Anton Paar.

As of February 9, 2018, Anton Paar, specializing in high-tech measuring instruments in density, concentration, or dissolved CO2, has acquired Quantachrome Instruments. The US-based company adds know-how in the analysis of particle surfaces, porosity, and density of solids to the portfolio of more than 150 analytical solutions manufactured by Anton Paar.

Further operations in Boynton Beach

Quantachrome and Anton Paarfinished 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. Georg Cortolezis-Supp, Executive Director Production & Purchasing at Anton Paar, will manage the new subsidiary which is the seventh producing company within the Anton Paar Group. In line with the strategy of Anton Paar, the company is currently planning a modernization and expansion of the plant. The former president Scott Lowell and CFO Lauren Spector will provide support in the transitional period.

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