Agilent Technologies entered into definitive agreement to acquire all business assets of Ultra Scientific
"We identified chemical standards as a key expansion area that is essential to Agilent's goal of being a complete workflow solutions provider," said Mark Doak, president of Agilent's CrossLab Group. "Chemical standards are critical to customers' analytical laboratory workflows and used to help customers qualify the performance of their methods to validate and quantitate their results."
Founded in 1976, Ultra Scientific manufactures and supplies an extensive catalog of certified reference materials, organic and inorganic standards, calibration standards, IQ/OQ/PQ and quality control check standards, and has rapid turn capability to meet custom solution needs. Ultra Scientific serves laboratory professionals in key end markets including environmental, food, forensics, pharmaceutical, chemical and energy, and academia and government. Agilent is one of Ultra Scientific's largest customers.
Ultra Scientific and Agilent are long-time strategic partners," said Steve Cohan, vice president and general manager of Agilent's Supplies Division. "Ultra Scientific is a unique and high-quality chemical standards company. This acquisition provides immediate core capabilities, bringing critical manufacturing and industry expertise in-house for the first time."
"For the past forty years Ultra Scientific has been a leading supplier of analytical reference material to industry, academia, and research laboratories," said William R. Russo, Ph.D., founder and vice president of Ultra Scientific. "Ultra's customers have come to rely on our high quality and our expert delivery system. Today, Ultra is happy to announce that we are becoming part of Agilent Technologies, so that we may continue to supply all the requirements of the analytical field."
"We have been working with Agilent to produce their instrument standards for more than 25 years, and I believe it is a perfect fit for our company," said John E. Russo, president of Ultra Scientific. "Ultra has grown throughout the decades with Agilent and we look forward to the future opportunities we will have to accelerate growth together."
Ultra Scientific is based in North Kingstown, RI, with a distribution center in Wesel, Germany. The company employs 52 employees.
The transaction is subject to customary closing conditions. Financial terms of the deal are not being disclosed.
About Ultra Scientific
Since 1976 ULTRA has been a world-wide producer and industry leader in certified reference materials and other laboratory solutions. It services the environmental, pharmaceutical, biotechnology, life science and molecular testing laboratories. ULTRA Scientific maintains ISO 9001, 17025 and ISO Guide 34 accreditations, while maintaining a DEA license and ATFE permit. ISO 13485 accreditation is in process. With its corporate headquarters just south of Providence, RI, it maintains sales offices and distribution centers in Bologna, Italy and Wesel, Germany.
About Agilent Technologies
Agilent Technologies Inc. (NYSE: A) is a global leader in life sciences, diagnostics, and applied chemical markets. With more than 50 years of insight and innovation, Agilent instruments, software, services, solutions, and people provide trusted answers to its customers' most challenging questions. The company generated revenues of $4.47 billion in fiscal 2017 and employs 14,200 people worldwide. Information about Agilent is available at www.agilent.com.