Bruker AXS GmbH announced that it has acquired all of the equity of privately-held Quantron GmbH from Quantron's founders. The stock purchase agreement for Quantron was signed and the transaction was closed simultaneously on September 6, 2006.
Quantron GmbH, located in Kleve, Germany, develops, manufactures and distributes worldwide advanced arc/spark optical emission spectroscopy (OES) systems for numerous metals analysis applications.
Quantron was established in June 2002 by a dedicated group of founders with many years of extensive experience in the spark-OES metals analysis markets. Quantron's main shareholder was Mr. Paul Friedhoff, the former founder and CEO of Spectro A.I. GmbH, and a pioneer in the world of spark-OES. Mr. Friedhoff will continue to lead the business as Managing Director and Executive Chairman.
After the acquisition, Bruker-Quantron GmbH will remain and expand in its Kleve location in order to provide leading stationary and mobile OES systems. Bruker AXS will contribute its global distribution, demonstration and service capabilities, as well as R&D and operating management assistance, to further accelerate the growth and profitability of Bruker-Quantron. The majority of the successful distributors of Quantron will be retained, and will benefit from support by additional regional Bruker AXS spark-OES applications and service centers worldwide.