News & Views
Analytik Jena AG Acquires UVP
Apr 03 2013
Analytik Jena AG has signed a contract for the acquisition of all shares of UVP LLC based in Upland, California, USA. The transfer of shares will also mean that Analytik Jena AG acquires UVP’s wholly owned subsidiary, Ultra-Violet Products Ltd based in Cambridge, Great Britain. The parties have agreed not to reveal the purchase price.
UVP is a globally-operating provider of predominantly digital imaging systems for applications in proteomics, genomics and plant and animal sciences. The UVP group reported sales of around US$17.2 million during the 2012 financial year with almost half the sales generated in North America. The Group has 109 employees worldwide.
The integration of UVP into the Analytik Jena Group will provide an entry into the US market through its Life Sciences Business unit. The Company is already aiming to reach an operating result (EBIT) above breakeven for the 2nd half of financial year 2012/2013 and expects sales above EUR 40.0 million and operating earnings of 4.0 % to 7.0 %.for the financial year 2013/2014.
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