NEW YORK (GenomeWeb News) – Agilent Technologies has signed a definitive agreement to buy assets from ABC Instrumentacion Analitica, the two companies announced today.
Financial and other terms were not disclosed.
Based in Mexico City, ABCIA distributes analytical solutions, including Agilent's chemical analysis and life science products. It also provides sales, application support, and customer training for Agilent's products, such as mass spectrometers, liquid chromatographs, gas chromatographs, atomic and molecular spectroscopy systems, and bioanalyzers.
Upon completion of the deal, expected on Oct. 1, ABCIA customers in Mexico will have integrated sales and services directly from Agilent.
ABCIA was formed in 1986 to distribute Hewlett-Packard's analytical solutions and became an Agilent distributor when that firm was spun out of HP in 1999.
About 30 ABCI employees are anticipated to move to Agilent upon the completion of the acquisition, the companies said.
"As a unified team, we will provide a better customer experience by streamlining processes and delivering top-tier service in a consistent way," Sylvia Escobar, vice president in charge of field operations for Agilent's chemical analysis business in the Americas, said in a statement. "This acquisition also supports Agilent's aim to expand in the growing Mexican analytical market."