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PerkinElmer buys China-based analytical instruments company, Shanghai Spectrum Instruments

ShanghaiFriday, May 25, 2018, 13:00 Hrs  [IST]

PerkinElmer, Inc., a global leader committed to innovating for a healthier world, has acquired Shanghai Spectrum Instruments Co., Ltd. (SSI). Located at Shanghai Caohejing Hi-Tech Park in P.R. China, SSI is one of the leading manufacturers of analytical instruments in China.

SSI delivers analytical solutions and services to a wide range of research, academic, government, pharmaceutical, industrial, life sciences and chemical analysis laboratories. Its portfolio includes photoelectric colorimeters, UV-Vis spectrophotometers, atomic absorption spectrophotometers and accessories.

“PerkinElmer is committed to expanding our investment and manufacturing footprint in China. This acquisition helps us build upon our China presence through SSI’s strong, localised market position while further solidifying PerkinElmer’s leadership in Atomic Absorption technologies,” said Jim Corbett, Executive Vice President and President, Discovery & Analytical Solutions, PerkinElmer. “The combination of instrumentation and synergistic commercial activities will enable us to deliver high quality analytical testing to a wider customer base throughout China and other emerging market regions.”SSI has customers in 10 countries, along with a strong supply chain and dealer network in China.

PerkinElmer plans to build on SSI’s R&D and manufacturing capabilities in China to deliver continuous hardware and software innovations for its customers and support China’s goal of strengthening local manufacturing. This acquisition complements PerkinElmer’s leadership in atomic spectroscopy to better serve local customer needs within environmental, industrial and food markets.PerkinElmer, Inc. is a global leader focused on innovating for a healthier world. The company reported revenue of approximately $2.3 billion in 2017, has about 11,000 employees serving customers in more than 150 countries, and is a component of the S&P 500 Index.

 
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