Heraeus acquired Cathodeon from its management and shareholders

We advised Heraeus

HSCie Customer

Heraeus Noblelight GmbH, Kleinostheim, Germany
Heraeus Noblelight, Kleinostheim, manufactures special light sources, such as infrared heaters and ultraviolet lights. With its subsidiaries in the USA, China and the UK, and over 500 employees, it generates a turnover of around € 65 million. Heraeus Noblelight is part of the Heraeus company, one of Germany’s largest family enterprises active in the field of precious metal trading, precious metal products, dental products, sensorics, laboratory equipment, medical technology, special lamps and quartz glass, which all together yields € 8 billion in sales.
www.heraeus-noblelight.com

Companies involved

3i Plc, London, UK
3i Plc is an investment firm with worldwide scope.
www.3i.com

Private owners
Not published

Transaction

Acquisition of Cathodeon plc, Cambridge, UK, by its management and 3i plc through Heraeus Noblelight GmbH, Kleinostheim. A subsidiary of Heraeus. Cathodeon produces special light sources for spectroscopy, high-pressure liquid chromatography, atomic absorption spectroscopy and other analytical measurement methods.

Task

HSCie advised on the valuation and due diligence and conducted the negotiations.

Year: 2004
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions

Further Transactions