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Home Industry News Oxford buys Link

Oxford buys Link

2nd June 2008

Oxford Instruments has bought the business and assets of Link Analytical.

The high-technology tools and systems company acquired Link from its current owner and manager Anna Otterstrom.

Link’s primary activity is the distribution and after-sales support of Oxford Instruments NanoAnalysis equipment in Scandinavia.

The takeover will see an initial payment of £600,000 and a cash earn-out of a further £600,000 which is payable over three years should the business meet specific sales growth targets.

Jonathan Flint, Oxford’s chief executive, said the takeover was in line with the firm’s five-year strategy to double in size by 2011 and improve margins.

"We have now established an improved route to supply our customers in Scandinavia as well as further growth opportunities," he added.

The firm aims to be the leading provider of tools and systems for the emerging nanotechnology and bioscience markets.

It specialises in the design, manufacture and support of high-technology tools and systems for industry, research, education, space, energy, defence and healthcare.
ADNFCR-1050-ID-18618372-ADNFCR

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