We advised Heraeus
HSCie Customer
Heraeus Noblelight GmbH, Kleinostheim, Germany
Heraeus Noblelight 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 Kulzer is part of the Heraeus corporation, 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
IST Corporation, Elmira, New York, USA
The IST Corporation, with a workforce of around 300, manufactures imaging and sensorics equipment that is used especially in hazardous substance industries such as the nuclear industry.
www.istcorp.com
Transaction
Acquisition of the Spectral and Technologies Group, Elmira, New York, and Puerto Rico. The company produces special light sources for spectroscopy, high-pressure liquid chromatography, atomic absorption spectroscopy and other analytical measurement methods. These are distributed worldwide by the IST corporation, Elmira, New York.
Task
HSCie advised on the valuation and due diligence and conducted the negotiations.
Year: 2005
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions
Further Transactions
