Expanded Solutions Platform Strengthens Commitment to Hydrocarbon Processing Industries
PerkinElmer, Inc. (NYSE: PKI), a global leader focused on improving the health and safety of people and their environment, today announced the acquisition of Arnel Inc., a recognized leader in custom engineered solutions for gas chromatography applications in the petrochemical, food and beverage, and industrial hygiene markets. The acquisitionis an important strategic initiative to expand PerkinElmer's chromatography portfolio and strengthen its application-focused expertise to best serve the biofuels and hydrocarbon processing industries.
This acquisition is a natural extension of PerkinElmer's and Arnel's 18 year relationship during which Arnel served as PerkinElmer's exclusive supplier of gas sampling valve solutions. With the completion of this transaction, PerkinElmer expects to accelerate its development and expand its portfolio of application-focused measurement systems tailored for the biofuels, food and beverage, industrial hygiene, and hydrocarbon processing markets.
"PerkinElmer has a deep understanding of our customers' specific industry related challenges, whether these customers are in the pharmaceutical, consumer, or food quality industries," notes Richard Begley, Ph.D., president, PerkinElmer Analytical Sciences. "Our acquisition of Arnel brings us greater expertise in the hydrocarbon processing industry through differentiated technology in gas chromatography. In addition, we believe that combining Arnel's technologies with PerkinElmer's chromatography capabilities will help our customers develop cleaner, petroleum based products to help reduce their impact on the environment as well as assist in manufacturing more cost effective petroleum products."
Through this acquisition, PerkinElmer continues its ability to provide standard and custom petroleum tailored solutions based upon PerkinElmer's gas chromatography platform. These analyzers include the widest range of refinery/light hydrocarbon gas analyzers (RGA) and natural gas analyzers (NGA) in the industry.
"Arnel is excited by the opportunity to become a part of PerkinElmer," said Clarence Wentzel, president, Arnel Inc. "Throughout our 18 year relationship, we have always worked very closely with PerkinElmer to ensure we brought the best solutions to our customers. This transaction further solidifies that commitment to our customers and positions the combined organization for further market expansion."
For additional information related to PerkinElmer's gas chromatography solutions, please call 800-762-4000.
About PerkinElmer, Inc.
PerkinElmer, Inc. is a global leader focused on improving the health and safety of people and their environment. The Company reported revenue of $1.8 billion in 2007, has approximately 9,100 employees serving customers in more than 150 countries, and is a component of the S&P 500 Index. Additional information is available through www.perkinelmer.com or 1-877-PKI-NYSE.
SOURCE: PerkinElmer, Inc.