Analytik Jena Acquires UVP
Thu, 04/18/2013 - 11:25am
Analytik Jena AG, based in Jena, Germany has acquired all of the outstanding shares of Upland, California-based UVP, LLC, including its subsidiary, Ultra-Violet Products Ltd., located in Cambridge, UK.
UVP is a manufacturer of bioimaging systems for applications in proteomics, genomics, plant and animal sciences. The company also manufactures ultraviolet products, light sources and laboratory equipment, such as hybridization ovens, transilluminators, crosslinkers and PCR hoods.
The acquisition of UVP, LLC allows Analytik Jena to strengthen its presence in the US market and expand its product portfolio. "With the acquisition of UVP, we are significantly expanding our business activities in the Life Science unit and are laying an excellent basis for developing our successful business model in the USA and neighboring regions. Here, we are combining efficient sales structures, a well-coordinated product portfolio and broad technological expertise in the respective core segments. Further extensive synergies are to arise, especially in sales in Europe and Asia. With UVP, Analytik Jena also gains a production plant in the US dollar currency area," said Klaus Berka, CEO of Analytik Jena AG.
Analytik Jena is a provider of modern analytical technology, life science systems for bioanalytical applications and high-end optical consumer products. With the integration of UVP into Analytik Jena's Life Science business unit, numerous synergies are expected. According to Leighton Smith, UVP’s President and CEO, “UVP has an opportunity to contribute significantly to the growth and profitability of Analytik Jena’s Life Science business unit. Our combined manufacturing expertise, portfolio of products and distribution channels open up new market opportunities, and begins an exciting new chapter in UVP’s history of providing innovative products and solutions to our customers.”