Instrumentation company completes acquisition
23 May 2017
Global instrumentation leaders Scientific Measurements Pte Ltd has acquired Ireland-based Eurolec Instrumentation Ltd for an undisclosed sum.
Scientific Measurements – parent company to Cirrus Research and Acoustic Instruments International – has more than 40 years’ experience in the sector and counts product ranges Optimus, Revo, doseBadge, Trojan and Invictus among its industry-leading brands.
Eurolec as a brand and trading name will continue within the Scientific Measurement fold, with the existing head office remaining in Dundalk, County Louth. Its chain of distributors will also be unaffected.
Coinciding with the handover, Eurolec founder and MD Tom Mears will be retiring after a five-decade career in the sector and 19 years since establishing the company. Chris Mears has been appointed the new MD, formerly heading up the company’s sales & marketing. The rest of the Eurolec team will remain unchanged by the buy-out.
Moving forwarding, product enhancement and development are a key priority for the new owners and its experienced marketing team will begin work on an updated website for its newest subsidiary.
“This is a new chapter for the company but we have inherited a strong legacy from Tom and a great platform to build upon,” said Daren Wallis, Scientific Measurements director.