Anton Paar expands product portfolio with acquisition of Brabender GmbH & Co. KG
Aug 07 2023
In a strategic move that will bolster its product offerings and strengthen its presence in the material characterisation sector considerably, Anton Paar has announced the acquisition of Brabender GmbH & Co. KG. who will operate under the name "Anton Paar TorqueTec GmbH."
Brabender are based in Duisburg, Germany; they are globally renown in the measurement and process engineering sector, specialising in testing a wide array of raw materials and offering recipe and process development solutions. The company caters to a variety of industries, including plastics, rubber and batteries among other specialised applications.
The acquisition agreement was officially signed on August 1, 2023, with the purchase price kept confidential by mutual agreement. A seamless integration of Brabender into the Anton Paar Group is expected and customers can continue to access products and services via Brabender’s website and sales organisation as usual.
Dr. Friedrich Santner, the CEO of Anton Paar, expressed his enthusiasm for the new addition to the company, citing Brabender's century-old expertise in developing so of the world’s most respected measuring instruments as a decisive factor in the decision to make the acquisition. Material characterisation is a key growth market for Anton Paar and the addition of Brabender's capabilities fits perfectly with the company's future plans.
“In line with its own long-term strategy, Anton Paar will sustainably expand and further strengthen Brabender's sites in Duisburg and Hackensack (USA).” stated Dr. Santner.
Approximately 200 Brabender employees will join the Anton Paar family, creating numerous opportunities for advancement in research, development, sales, and service.
Dr. David Szczesny, Executive Director of Brabender, sees great potential in this partnership, “Being part of the Anton Paar Group opens up many opportunities for us, in research and development of our innovative products as well as in sales and service. For us, this is a great move that will definitely benefit our employees and customers.”
With the merger now in motion, Anton Paar and Anton Paar TorqueTec GmbH aim to take material charactersation and process engineering to new heights, continuing their respective legacies of excellence in delivering cutting-edge solutions to industries worldwide.
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