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01/23/2008

Bruker AXS Announces Agreement to Acquire Elemental Analysis Company JUWE Laborgeraete GmbH



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Bruker AXS GmbH announced today that it has signed an agreement to acquire all of the equity of privately-held JUWE Laborgeraete GmbH from its founders. A stock purchase agreement was signed on Decem-ber 21, 2007 and the transaction is expected to close in the first quarter of 2008. JUWE's estimated 2007 revenue was approximately $3 million. Purchase price details were not disclosed.

JUWE was established in 1997 by a dedicated group of founders with many years of experience in combustion analysis of the CHNOS light elements (Carbon, Hydrogen, Nitrogen, Oxygen, and Sulfur), as a suc-cessor organization to Stroehlein AG, which closed down in 1997. JUWE initially provided service and support for the large installed base of Stroehlein systems, and in 2004 launched a new generation of JUWE-branded combustion analysis systems. JUWE, located in Viersen, Ger-many, today develops, manufactures and distributes advanced combus-tion analysis systems for various C, H, N, O and S elemental analysis applications.

After the closing of the planned acquisition of JUWE by Bruker AXS in early 2008, it is anticipated that a renamed Bruker JUWE GmbH will systematically transfer its R&D, production, service and customer appli-cations, demonstration and training center to Kalkar, Germany. At the combined Kalkar facility, Bruker JUWE together with spark-OES com-pany Bruker Quantron GmbH will form a center of excellence for ele-mental analysis, particularly for metals analysis applications.

Source: Bruker AXS



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