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Goodfellow Announces Two Further Acquisitions to Boost its Advanced Materials Offering
One of the UK’s leading suppliers of advanced materials and metals has completed two landmark acquisitions in a matter of weeks – both helping it deliver a more “comprehensive material offer” for its growing customer base. Goodfellow has purchased UK-based Bureau of Analysed Samples (BAS) and Suisse Technology Partners (STP) in Switzerland in two deals that will give it access to state-of-the-art laboratories and testing facilities and an unrivalled Certified Reference Materials (CRM) capability.
“We set out at the start of this year our desire to achieve growth through an increase in organic sales and several key acquisitions – these first two are strategically important purchases for setting our future direction,” explained Simon Kenney, CEO of Goodfellow. “BAS has been one of the leading figures in Certified Reference Materials (ISO:17034 and ISO/IEC:17025) for decades and these CRMs play a vital role in the development of new products in electronics and technology, renewable energy, automotive, defence and healthcare.” He continued: “Suisse TP complements this deal perfectly. It is extremely well respected in the global R&D scene and its certified laboratories and expertise in surface technology bridges the gap between material supply and application testing.”
These transactions will position the business as a critical partner to research and industry through its ability to offer 170000+ different materials and access to customisation, certification, fabrication and full testing services. They follow the acquisition last year of Potomac Photonics in the US, supporting the firm’s ambitious growth targets to be over GBP 50 million in revenue within the next two years.
www.goodfellow.com
