The Hellma Group – leading manufacturer of optical solutions and

components for the process industries and research and analytical

laboratories – has announced the conclusion of an agreement

regarding the acquisition of the assets of Axiom Analytical Inc. This

acquisition will form the world’s leading supplier of optical precision

modules for online spectroscopy in the field of process industries.

„This transaction will represent an important milestone within our

company’s history which aims at further developing our market

shares by solutions that fit our customers‘ applications accurately.

Moreover, it will offer great potential for more innovative products for

the analytics business sector” explains Lutz Mayer, CEO of the

Hellma Holding GmbH. Holm Kändler, President of the newly

established Hellma Axiom Inc. adds “With the Axiom Analytical

acquisition we will ensure profitability in the industrial sector of the

Hellma Group and in addition will focus more on industrial trends

such as the increasing automation and growing quality

requirements.”

Dr. Mike Doyle co-founder of Axiom Analytical Inc. said “The Hellma

Group and Axiom Analytical are a perfect match. The combination will

enable on the one hand the strategic expansion of our business and

the continuation of the past decades’ successful activities. On the

other hand, customers all over the world will now have access to

products and know-how from the two strongest companies within this

market. This is truly unique and will create major synergies.”

Over the past years, the Hellma Group has been able to implement

several transactions successfully. Based on the past experience, a

team of representatives from both companies will control this

integration process again this time. The two founders of Axiom

Analytical Inc. Norm Jennings and Dr. Mike Doyle will work as

consultants for the newly established Hellma Axiom Inc. The

company location in Tustin, CA remains unchanged. Support and

assistance for customers and suppliers will be provided from there.