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