Website:
www.perten.com
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Perten Instruments.pdf
During Valedo’s ownership, Perten Instruments has developed to become the global leader in analytical instruments to the grain, feed and food industries. The company has focused on building and strengthening the offering through significant investments in product development, new services and further development of Perten’s unique calibration database as well as further strengthening of the knowledge in new application areas. Furthermore, Perten invested heavily in an expansion of subsidiaries in new geographic markets such as France, Italy, Canada and in building the sales-, marketing and service organization in general.
The family company Perten Instruments, developing and marketing analytical instruments for the grain and food industries, was founded in 1962 by Harald Perten. For several decades, Harald and his sons Jaan and Peter, built up Perten’s business through a strong focus on the development of innovative products and services that in many cases have become global industry standards. In 2010, Valedo became a majority owner of Perten Instruments with an ambition and a plan to invest in accelerated growth and development. Jaan Perten reinvested in Perten Instruments in partnership with Valedo to remain a significant minority owner together with Valedo, the management team and the Board of Directors.
A number of initiatives were implemented during Valedo’s ownership to strengthen the position as the global leader of analytical instruments for quality control of grain, feed, and food:
As Perten during 2014 had surpassed the ambitious targets set out at the time of Valedo’s acquisition in 2010, an evaluation of a potential divestment was initiated. Valedo was contacted by a number of parties expressing their interest to acquire Perten. As the company was faced with new opportunities, the logic was further strengthened for the owners and from the company’s perspective, to let a new owner support Perten in the company’s next phase of development.
This resulted in Perten being acquired by PerkinElmer, Inc. in December 2014. PerkinElmer is a publicly traded global leading supplier of products, services and solutions focused on improving the health and safety of people and the environment. PerkinElmer’s product portfolio and geographic presence on several new geographic markets gives Perten and its organization an attractive opportunity for further growth through an even stronger customer offering in existing and new markets.
PerkinElmer, Inc. (“PerkinElmer”) has agreed to acquire Perten Instruments Group AB (“Perten”), a global leading supplier of advanced analytical instruments for quality control of food, grain, flour and feed, from Valedo Partners Fund I AB (“Valedo”), the Perten family and key staff in Perten. Perten has under Valedo’s ownership since 2010 doubled in size through
Valedo has signed an agreement to acquire Perten Instruments Group (”Perten”), a global leading supplier of instruments and systems for analysis and quality control of food, grain, flour and feed. Perten’s incumbent management will continue to run the company and with support from Valedo, in the form of additional resources and competence, implement a strategy
What has been accomplished
During Valedo’s ownership, Perten Instruments has developed to become the global leader in analytical instruments to the grain, feed and food industries. The company has focused on building and strengthening the offering through significant investments in product development, new services (e.g. within aftermarket and service) and further development of Perten’s unique calibration database as well as further strengthening of the knowledge in new application areas. Furthermore, Perten invested heavily in an expansion of subsidiaries in new geographic markets such as France, Italy, Canada and in building the sales-, marketing and service organization in general. Perten’s compounded annual growth rate during Valedo’s ownership was 17%.