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Transcat Acquires TTE Laboratories to Expands Service Capabilities to Life Sciences Market
Wednesday 26 February 2020

26 February 2020 - Canadian calibration and laboratory instrument services provider UW Transcat, Inc. (NASDAQ: TRNS) has acquired substantially all of the assets of Boston-based pipette services provider TTE Laboratories, Inc. to expand services to the life services market, the company said.

Terms of the transaction were not disclosed.

UW Transcat said it expects TTE to strengthen the company's distribution sales platform with incremental product sales through their growing e-commerce website.

Transcat, Inc. is a provider of accredited calibration, repair, inspection and laboratory instrument services.

The company is focussed on providing and products to highly regulated industries, including life science, aerospace and defense, pharmaceutical, medical device manufacturing and biotechnology.
Details
Date Published: 26/02/2020
Target: TTE Laboratories, Inc
Country: USA
Sector: Pharmaceuticals
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: UW Transcat, Inc
Comment:
Terms of the deal were not disclosed

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