Mettler-Toledo licenses Liquid Chromatography Technology from Metrisa
Boston, MA, January 2003 – Mirus Securities announced today that it has advised Metrisa, Inc. in the sale of a European license to its liquid chromatography technology to Mettler-Toledo. Jack Wolfe, President and CEO of Metrisa, said, “This license agreement will effectively support the long-term strategy of each company, providing Metrisa with distribution in Europe, and providing Mettler-Toledo with exclusive rights for the European market. Mirus Securities assisted greatly in bringing our companies together.”
Metrisa, Inc., headquartered in Bedford, Massachusetts, designs, develops, manufactures a leading portfolio of instrumentation marketed under the Tytronics, Monitek, and Nametre brands. This suite of instrumentation is used for measuring the properties of a wide variety of liquids and certain gases for in-line and on-line process analytical and environmental monitoring applications.
About METTLER TOLEDO
METTLER TOLEDO instruments are used in research, scientific, and quality control labs, amongst many others in the pharmaceutical, chemical, food, and cosmetics industries. We are a global market leader with the three instrument groups most frequently used in the laboratory, like balances, pipettes, and pH meters, and we are a pioneer in the field of Automated Chemistry.
About Mirus Securities
Based in Boston, MA and with clients throughout North America, Mirus provides investment banking solutions to middle-market corporations including merger advisory, recapitalizations, and valuation services to entrepreneurs, private equity groups, and corporate clients. Founded in 1987, Mirus has successfully completed a number of transactions for industrial instrumentation firms including Advanced Analytical, Interactive Video Systems (IVS), PMC-Beta, XRL, and Advanced Dielectric Technology. Information about the firm is available at www.merger.com.Back to Transactions