ATS To Acquire Laboratory Solutions Provider Heidolph Group

14-Aug-2024
Computer-generated image

Symbolic image

ATS Corporation, a automation solutions provider, announced it has entered into a definitive agreement to acquire all material assets from Heidolph Instruments GmbH & Co. KG and Hans Heidolph GmbH (together “Heidolph”), a manufacturer of premium lab equipment for the life sciences and pharmaceutical industries, subject to closing conditions in the agreement.

“With a comprehensive product range and a strong reputation established over 80 years, Heidolph will be a strong addition to our ATS Life Sciences business,” said Andrew Hider, Chief Executive Officer of ATS Corporation. “As we continue to grow our presence in regulated markets, Heidolph will bolster our solution set to customers in all stages of their operations.”

Founded in 1938 and headquartered in Schwabach, Germany, Heidolph is a leading global manufacturer and distributor of equipment for evaporation, stirring, automation, shaking and mixing, liquid handling, and other crucial laboratory solutions. These adjacent strategic capabilities will complement ATS businesses, in particular ATS Scientific Products and Avidity Science, and allow ATS to offer comprehensive laboratory solutions. In addition to laboratory equipment, Heidolph also offers software solutions for laboratory workflow automation and data documentation. In its fiscal year ended March 31, 2024, Heidolph generated revenues of approximately €50 million and gross margins accretive to ATS’ current gross margins, with a significant presence in Europe and Asia. Heidolph employs over 200 individuals in facilities in Germany, the United States, South Korea, and China.

“As we continue to expand our value proposition for customers in the life sciences market, the addition of Heidolph will strengthen our portfolio of offerings,” added Prakash ‘Cash’ Mahesh, Group Executive for ATS Life Sciences. “Furthermore, its strong reputation, brand recognition, and strategic location on three continents will broaden our reach while also expanding our customer base in key life sciences segments, from initial research and development right through to commercialization.”

The purchase price represented a valuation multiple accretive to ATS’ current trading multiple, however specific financial terms of the transaction were not disclosed. The transaction is expected to close in the third calendar quarter of 2024. ATS plans to fund the acquisition with cash and by drawing on its revolving credit facility.

Other news from the department business & finance

These products might interest you

MX-scales, MR-scales, MA-scales, LA-scales New

MX-scales, MR-scales, MA-scales, LA-scales by Mettler-Toledo

New generation of laboratory balances for a wide range of applications

Excellent performance, durable instruments and simple operation

laboratory balances
LabBox

LabBox by HiTec Zang

Automation made easy for every laboratory

Discover the all-in-one automation solution for greater efficiency

laboratory automation systems
HYDROTHERM

HYDROTHERM by C. Gerhardt

Efficiency in food analysis: Safe and precise total fat determination made easy

Fully automatic acid hydrolysis in 90 minutes - validated for continuous operation

acid hydrolysis systems
VICI DBS ZeroAir

VICI DBS ZeroAir by VICI

Generate up to 30 L/min of analytically pure air yourself – for stable baseline GC-FID applications

Increase the sensitivity of your GC-FID analysis while reducing costs

zero air generators
Mars 6

Mars 6 by CEM

Everything under Control - with This Intelligent Microwave Digestion System

High Sample Throughput with Just One Click

microwave digestion systems
PG 85

PG 85 by Miele

Powerful, safe, flexible: Compact lab washers with intelligent wash system

Developed for the reprocessing of laboratory glassware for analytical experiments

laboratory washers
CrystalBreeder

CrystalBreeder by Technobis

CrystalBreeder: the next generation multi-reactor crystallization platform

Enhance your early stage solid state screening. New: controlled evaporation & vapor diffusion modes

APU sim

APU sim by Analytik Jena

APU sim Automatic Preparation Unit

APU sim The Clever Sample Preparation System According to Column Method

sample preparation systems
Stainless steel reactors for high pressures and vacuum

Stainless steel reactors for high pressures and vacuum by JUCHHEIM Laborgeräte

Customized stainless steel reactors - configured for your needs

Perfect for extraction, digestion, hydrolysis, hydrogenation or synthesis

SmartCheck

SmartCheck by Mettler-Toledo

Check Pipette Dosing Accuracy - Lightning Fast in Under a Minute

Detect dosing errors before it gets expensive

pipette calibration devices
Automated Fusion Equipment

Automated Fusion Equipment by XRF Scientific

Automated Fusion Equipment

Sample Preparation at Highest Level

fusion equipment
Catalogue: Labware made of precious metals

Catalogue: Labware made of precious metals by XRF Scientific

Labware made of precious metals

For sample preparation at highest level

lab equipment
OHAUS Laboratory equipment

OHAUS Laboratory equipment by Ohaus

Do More with OHAUS Laboratory Equipment

Do Not Limit Yourself to Just Measurement! Discover Ingenious Portfolio

lab equipment
BIOS ANALYTIQUE - Soluciones de Renting y Leasing para laboratorios

BIOS ANALYTIQUE - Soluciones de Renting y Leasing para laboratorios by Bios Analytique

Specialists in the rental and leasing of scientific equipment for laboratories throughout Europe

Whether you have an unexpected requirement or limited budget, we have the perfect solution for you

lab equipment
Automatische XPR-Waagen

Automatische XPR-Waagen by Mettler-Toledo

Production of standards, samples and concentrations - fast and reliable

Automate the weighing processes in your laboratory - ideal also for sample prep at chromatography

laboratory balances
OHS Series: Overhead Stirrers

OHS Series: Overhead Stirrers by Velp Scientifica

State-of-the-art stirring power for a wide range of applications

Reliable overhead stirrers for different requirements in terms of viscosity and volume

stirrers
Systec H-Series

Systec H-Series by Systec

Safe, reproducible and validatable sterilization of liquids, solids and waste

Autoclaves with 65-1580 liters usable space, flexibly expandable for various applications

laboratory autoclaves
FlowSyn and FlowSyn Maxi

FlowSyn and FlowSyn Maxi by Uniqsis

Continuous Flow Chemistry Systems for reaction optimisation and scale up

Perform reactions up to 300°C and 100 bar from 0.1 - 100 ml /minute

flow reactors
P-50

P-50 by Mettler-Toledo

Fast and Error-free Documentation

The all-in-one printing solution

thermal printers
Loading...

Most read news

More news from our other portals

So close that even
molecules turn red...