Minebea to acquire Industrial Technologies Division from Sartorius.

Minebea, a producer of machinery components and electronics devices, agreed to acquire Industrial Technologies Division from Sartorius, a laboratory and pharmaceutical equipment provider. Financial term were not disclosed. “By selling our Intec Division to Minebea, we are realizing an important cornerstone of our long-term strategy and focus on our two core activities in Bioprocess and Laboratory. Over the past years we have successfully positioned our Intec business as a specialist for industrial weighing and control technologies and have reached healthy profitability levels. Under Minebea`s roof, this business will now gain the critical mass needed to further extend its footprint internationally, an important prerequisite for further growth. I am convinced that Minebea is the perfect new owner for this business because of the complementarity of the product portfolios and the geographical footprint, and also because of their commitment to long-term strategies and premium products,” Joachim Kreuzburg, Sartorius CEO.