Issue Date: March 14, 2016
Hellma buys probes maker Axiom
The Hellma Group, a German maker of optical components, has purchased Axiom Analytical, a Tustin, Calif.-based producer of online spectroscopy probes for process monitoring. Customers use the probes to monitor batch reactions, says Mike Doyle, one of Axiom’s founders. Axiom has annual sales of about $2 million and 10 employees, all of whom will join Hellma. The German firm has sales in excess of $40 million and 380 employees.
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