Wales, UK 45/17—Specialist filtration and environmental technology provider Porvair has acquired J. G. Finneran (JGF) for $8.0 million in cash and a deferred cash payment of up to $6.0 million. JGF designs, manufactures and distributes specialist lab consumables, such as filters, vials, microplates and closures. The business will join Porvair’s Porvair Sciences business, a manufacturer of ultra-clean microplates and supplier of consumables. Porvair Sciences stated that the acquisition will expand its glass, plastics and assembly manufacturing capabilities, and its US distribution. Porvair Sciences also commented that the JGF product lines complement Porvair’s biotechnology and chromatography product lines. The acquisition is expected to be earnings enhancing.

JGF has 110 employees, according to a JGF spokesperson. She told IBO, “Finneran brings to Porvair the manufacturing and distribution capabilities in the chromatography, biotechnology and environmental industries. We manufacture and distribute, through a global dealership network, the vials, seals, limited volume inserts, and closures for most of the analytical autosamplers used in labs performing chromatographic analyses. We also offer a patented 96-well microplate system that works in conjunction with the 96-well microplates offered by Porvair. For the environmental testing industry, Finneran manufactures and distributes vials, bottles and jars used for water and soil sample collection.”  

Porvair Sciences is one of three business that make up publicly held Porvair’s Microfiltration division (the other two are Porvair Filtration Group and Seal Analytical). In fiscal 2016, Porvair recorded revenues of £74.6 million ($100.8 million = £0.74 = $1), of which 20% was laboratory supplies.