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Bruker AXS Acquires Metal Analysis Firm Quantron

NEW YORK (GenomeWeb News) - Bruker AXS acquired metals analysis company Quantron in an all-stock deal on Sept. 6, Bruker said today.
Founded in 2002, privately held Quantron develops, manufactures, and distributes advanced arc/spark optical emission spectroscopy systems for numerous metals analysis applications. Quantron has annual revenues of more than $6 million, Bruker said.
Bruker-Quantron will be based at Quantron’s current facility in Kleve, Germany, which will be expanded. The majority of Quantron’s distributors will be retained, Bruker said.
Paul Friedhoff, Quantron’s main shareholder, will remain with the combined company as managing director and executive chairman.
Financial details were not disclosed.

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