Palmer, MA-based Adaptas Solutions, LLC and Melbourne, FL-based L3Harris Technologies have signed a definitive agreement for Adaptas to acquire L3Harris’ Applied Kilovolts and Analytical Instrumentation business, Adaptas announced February 26.
“These strategic acquisitions expand our mass spectrometer component product offering and allow us to continue to build our market-leading position in mass spectrometry components, subassemblies and contract manufacturing,” said Jay Ray, President and CEO of Adaptas Solutions. “Adding the CeraMAX product line allows us to cultivate future innovation for our market-leading mass spectrometry OEM customers. The Applied Kilovolts business deepens our product offering while expanding our global manufacturing to now include Europe.”
This latest acquisition further enhances Adaptas’ manufacturing and engineering resources, allowing Adaptas to accelerate OEM client development projects while offering the industry’s broadest range of next generation mass spectrometer detection solutions.
Adaptas Solutions is a portfolio company of Ampersand Capital Partners. Financial terms of the acquisition were not disclosed. The transaction is expected to close in mid-2020.
Source: Adaptas
By Loren Blinde
February 28, 2020
