Warminster, PA – SP Industries – designer and manufacturer of laboratory equipment, biological drug manufacturing solutions, and specialty glassware – has acquired Bel-Art Products. Headquartered in Wayne, NJ, Bel-Art serves the scientific, industrial, and healthcare end markets with over 3,500 products sold under its flagship Scienceware and H-B Instrument brand names.
“The acquisition of best-in-class companies that complement our existing product lines and allow us to expand our presence in the global market has proven to be a very effective strategy,” said SP Industries CEO, Bill Downs.
SP Industries’ existing brands include Genevac, Virtis, Hull, FTS Systems and Wilmad-LabGlass.
“Bel-Art Products, which will continue operating under its own name, has done a superb job of building brand equity, developing a robust stream of innovative new products, and working with its channel partners to effectively serve the market,” he added. “We are excited at the increased opportunities to grow market share and will cross-market across brands and leverage each organization’s expertise in product development, operations, finance, and supply chain management.”
Brad Mahood, chief operating officer of Bel-Art, will play a key leadership role in sales, marketing, and product management at the corporate level. Additionally, David Landsberger, president of Bel-Art Products, will join the SP Industries’ board of directors.