Both Malvern Instruments and PANalytical are part of the Materials Analysis business of parent company Spectris PLC who announced a trading update earlier. It is reported that the merger will provide synergies and operating efficiencies that will benefit customers and presumably reduce costs.
Eoghan O’Lionaird, Business Group Director responsible for the Materials Analysis segment within Spectris, says: “This is an exciting time for Malvern and PANalytical. Joining the two companies will enable us to leverage new resources to further grow our service offering and add even more value to our clients and customers. We are committed to ensuring a smooth integration process and will be actively engaging with our customers on how the combined entity can better serve their needs.”