Industry Headlines

Pfeiffer Vacuum Acquires Vacuum Component Manufacturer

February 4, 2010
/ Print / Reprints /
ShareMore
/ Text Size+

NASHUA, NH - Pfeiffer Vacuum, a producers of vacuum products and services, has acquired Trinos Vakuum-Systeme GmbH of Göttingen, Germany. Under the terms of the agreement, Pfeiffer Vacuum has acquired 100% of the shares in Trinos effective January 1, 2010. The purchase price will be financed in cash. Confidentiality has been agreed regarding the total volume of the transaction.

By expanding the Pfeiffer Vacuum portfolio to include the high-quality vacuum components, chambers and systems from Trinos Vakuum-Systeme, the company can now offer its customers throughout the world even more comprehensive solutions for their vacuum needs. The expertise possessed by the two companies in developing and engineering new technologies is also complementary. All regions and market segments will benefit from this acquisition, in particular the North America region and the analytical, coating, and research and development segments.

Pfeiffer Vacuum Chief Executive Officer Manfred Bender explains, "Of all of the potential acquisitions that we have recently reviewed, Trinos Vakuum-Systeme makes for the best fit with us. The company is young, fast growing, profitable and active in the same markets we are. Trinos has a very good name in the marketplace. With this move, Pfeiffer Vacuum is taking a further step along the road to becoming a full-line provider of vacuum applications. We are convinced that Trinos' integration into our worldwide sales and service network will be swift, and we intend to work together to generate further growth."

Trinos Vakuum-Systeme GmbH was formed in 1997 by Peter Spreitz and Marcus Weinhagen. The company employs a workforce of around 140 people. Sales revenues in fiscal 2008 totaled some € 18 million. In September 2009, Trinos was awarded the SME Grand Prix from the Oskar Patzelt Foundation. Pfeiffer Vacuum plans to retain and expand the location in Göttingen, along with all of its employees. The two former owners will remain with the company as managing directors.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

Quality Magazine

CoverImage

2014 September

Check out the September 2014 edition of Quality Magazine for features!

Table Of Contents Subscribe

The Skills Gap

What is the key to solving the so-called skills gap in the quality industry?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

eNewsletters

STAY CONNECTED

facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png