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Advanced Instruments To Acquire Artel, A Trusted Global Leader In Laboratory Workflow Optimization Offering A Complete Portfolio For Liquid Handling Quality Assurance

Apr 26, 2022•about 3 years ago

Acquiring Company

Advanced Instruments

Acquired Company

Artel

Health Care

Description

Advanced Instruments, a leading manufacturer of analytical instruments and services for the clinical, biopharmaceutical and food and beverage sectors, today announced the execution of a definitive agreement to acquire Artel, the internationally recognized gold standard for performance management of workflows in which automated liquid handling systems and manual pipettes are used throughout the life science industry.

Company Information

Company

Advanced Instruments

About

Advanced Instruments is a global provider of scientific and analytical instruments for the biotechnology, clinical, and food and beverage industries. For more than 65 years, the company's innovations have helped organizations improve quality of results, achieve reliable outcomes, and increase workplace productivity. Advanced Instruments has a diverse portfolio of products, including freezing point osmometers, cerebrospinal fluid cell counters, anaerobic jar systems, cryoscopes, pasteurization test systems, and testing standards and controls. For more information, visit www.aicompanies.com

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed