Waters Acquires Analytical Products Group
News Dec 08, 2008
Waters Corporation has announced that it has completed the purchase of the net assets of Analytical Products Group, Inc. (APG) of Belpre, Ohio, for an undisclosed amount.
Waters® will immediately merge APG into its existing Environmental Resource Associates (ERA) operations to form the world’s most comprehensive environmental proficiency testing (PT) and reference materials partner. Current annual revenues for APG are approximately $4 million and the acquisition is expected to be neutral to Waters Corporation’s 2009 earnings.
Existing and prospective laboratory customers stand to benefit significantly through expanded availability of laboratory standards, access to a secure data system, and the assurance of regulatory and quality systems tools.
“Long recognized for its leading regulatory compliance business, ERA is complemented perfectly by APG’s strengths in quality improvement through proficiency evaluation,” said Carl Craig, President, Environmental Resource Associates for the Waters Division.
With customers’ data residing in one data system, ERA has a comprehensive system available capable of providing laboratory performance mapping, z-score trending, method performance review, direct EDD uploading and director-level regulatory and quality management tools.
Following the acquisition of APG, ERA now offers the largest array of technically superior PT and QC products and encompassing the largest class of participants of any PT provider.