Oxford Instruments PLC
02 August 2007
2 AUGUST 2007
Oxford Instruments plc
Worldwide Analytical Systems AG (WAS) - Completion of Acquisition
Oxford Instruments plc ("the Company"), the high technology tools and systems
company, announces today that further to its announcement of 26 July, it has now
received irrevocable acceptances for 100% of the issued share capital of WAS, a
leading German manufacturer and international supplier of Arc/Spark optical
emission instrumentation used to analyse the chemical properties of metals.
- Ends -
Enquiries:
Oxford Instruments plc Tel: 01865 393 200
Jonathan Flint Chief Executive
Kevin Boyd Group Finance Director
Hogarth Partnership Limited Tel: 020 7357 9477
Rachel Hirst
Andrew Jaques
Ian Payne
Notes to Editors
Oxford Instruments designs, supplies and supports high-technology tools,
processes and solutions with a focus on physical science, bioscience,
environmental and industrial research and applications. It provides solutions
needed to advance fundamental nanoscience research and its transfer into
commercial nanotechnology applications. Innovation has been the driving force
behind Oxford Instruments' growth and success for over 40 years, and its
strategy is to effect the successful commercialisation of these ideas by
bringing them to market in a timely and customer-focused fashion.
The first technology business to be spun out from Oxford University over forty
years ago, Oxford Instruments is now a global company with over 1,300 staff
worldwide and a listing on the London Stock Exchange (OXIG). Its objective is to
be the leading provider of new generation tools and systems for the Physical
Science and Bioscience sectors.
This involves the combination of core technologies in areas such as low
temperature and high magnetic field environments, Nuclear Magnetic Resonance,
X-ray electron and optical based metrology, and advanced growth, deposition and
etching. Our products, expertise, and ideas address global issues such as
energy, environment, terrorism and health and are part of the next generation of
telecommunications, energy products, environmental measures, security devices,
drug discovery and medical advances.
WAS AG is a leading German manufacturer and international supplier of Arc/Spark
optical emission spectrometers and preparatory equipment used to analyse the
chemical properties of metals. The product range covers mobile, portable and
stationary emission spectrometers for laboratory and industrial applications.
At its headquarters and production facility in Uedem, 67 employees manufacture
more than 450 systems per year. Highly skilled engineers and specialists provide
after sales service and support for customers and partners worldwide
WAS AG is active in more than 40 countries. Since breaking into the market in
1999 more than 2000 spectrometer systems have been installed. The worldwide
distribution and subsequent investments in new technologies resulted in an
annual growth of 25%.
In just a few years, WAS AG has managed to establish itself as a leading
supplier of spectrometers. This success is primarily due to the emphasis of the
Company's philosophy of "distinction by innovation" and the reputation of being
a problem solver.
This information is provided by RNS
The company news service from the London Stock Exchange
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