Detector Technology buys Scientific Instrument Services
February 26, 2018
By Manufacturing AUTOMATION
Feb. 26, 2018 – Detector Technology, a provider of analytical instrument contract design and manufacturing, has announced the acquisition of long-time partner Scientific Instrument Services (SIS). The two merged companies’ key manufacturing and engineering resources will facilitate customized product development and production solutions for the combined entity’s global OEM clients.
DeTech is a portfolio company of Ampersand Capital Partners.
“The acquisition of SIS is our first step towards building a leading contract manufacturer of lab products,” said Jay Ray, DeTech president and CEO. “The acquisition allows us to strengthen our initial strategic vision of being the market leader in mass spectrometry contract manufacturing. DeTech is focused on continuing to expand its liquid handling and automation capabilities, and our growth will provide our customers innovative product solutions, enhanced support and operational efficiencies.”
“The benefits that our OEM partners will realize from this business combination are meaningful given the complementary aspects of our product development and manufacturing capabilities,” said Chris Baker, president of SIS. “We are very excited to be part of the DeTech market leadership vision, world class manufacturing and best-in-class products.”
Financial terms of the acquisition were not disclosed.