PerkinElmer and Agilent expand in Asia
PerkinElmer acquired Shanghai Spectrum Instruments Co., Ltd. (SSI) based at Shanghai Caohejing Hi-Tech Park in China to broaden its position in atomic spectroscopy.
The company said it will help customers in China and other emerging markets access environmental and food safety testing systems.
Expand in China and emerging markets
SSI is a manufacturer of analytical instruments for a range of research, academic, government, pharmaceutical, life sciences and chemical analysis laboratories and has customers in 10 countries.
Its portfolio includes photoelectric colorimeters, ultraviolet-visible spectrophotometers, atomic absorption spectrophotometers and accessories.
PerkinElmer said it plans to build on SSI’s R&D and manufacturing capabilities to deliver hardware and software for customers and support China’s goal of strengthening local manufacturing.
Jim Corbett, EVP and president, discovery and analytical solutions at PerkinElmer, said it is expanding investment and manufacturing footprint in China.
“This acquisition helps us build upon our China presence through SSI’s strong, localized market position while further solidifying PerkinElmer’s leadership in atomic absorption technologies,” he said.
“The combination of instrumentation and synergistic commercial activities will enable us to deliver high quality analytical testing to a wider customer base throughout China and other emerging market regions.”
Agilent acquires distributor
Meanwhile, Agilent has signed an agreement to acquire assets from Young In Scientific Co. Ltd.
YI Scientific is a distributor of analytical and scientific instruments in South Korea and a long-time distributor of Agilent instruments and services.
Lon Justice, Agilent’s VP laboratory solutions sales and marketing, said YI Scientific built a sales channel for products and services over many years.
“Joining forces with our long-standing channel partner in South Korea provides Agilent with a solid foundation to address the needs of the growing analytical market in South Korea.”
Once the acquisition is final, former YI Scientific customers of Agilent products and services in the South Korean market will have a sales and service portfolio from Agilent.
More than 100 employees from Young In and affiliates are expected to join Agilent Technologies Korea when the acquisition is final.
Doug McDougall, Agilent’s VP and general manager, services and support division, said it is growing the service business in the country.
“Together with YI Scientific, we believe we can provide an even better customer experience by streamlining processes and delivering top-tier service in a consistent way.”