Rocky Hill, NJ – Bruker AXS says it is acquiring the PGT X-ray microanalysis business with annual revenues of $5-6 million from Princeton Gamma-Tech Instruments. The terms of the transaction were not disclosed, and the acquisition is expected to close in the fourth quarter of 2005.
On October 14, Bruker AXS had announced an agreement to acquire Roentec AG, an X-ray microanalysis company based in Berlin, Germany. After the closing of both transactions, Roentec AG and the PGT microanalysis business will be combined into the new Bruker AXS Microanalysis Group, which will focus on the $150-million per annum global X-ray microanalysis market.
The PGT microanalysis business features an X-ray microanalysis product line, with advanced technology, and many data acquisition and analysis software features. The PGT microanalysis business has distribution and service capabilities in the United States, the UK and France.
Roentec, a broad-based X-ray instrumentation company, has a microanalysis product line with detector technology and ultra-fast acquisition electronics. Roentec also has developed mobile systems for the XRF microanalysis of works of art, as well as transportable total reflection X-ray fluorescence (TXRF) systems for elemental trace analysis in liquids, eg for environmental or beverage analysis. Roentec has established distribution and service capabilities in continental Europe, as well as in selected other countries.