Arch Science Group Acquired by Element Materials Technology
In a very exciting development for Anatune, our customers, and the wider life sciences community, our parent group Arch Science Group has been acquired by Element Materials Technology.
Arch Sciences Group is a leading provider of analytical services and laboratory solutions to customers in the pharmaceuticals sector. Anatune became part of the group in 2018, joining Hall Analytical, VR Analytical, Crawford Scientific, and Apex Scientific.
As well as marking Element’s entry into the European pharmaceutical market, the move means that the life sciences end market is now the largest within Element.
Speaking about the acquisition, Jo Wetz, Element CEO, said: “Our acquisition of Arch complements our existing capabilities and expertise in the Americas after a period of significant growth there, and creates a strong platform to expand the pharmaceuticals segment of our life sciences business in Europe.
Following the acquisitions of Avomeen and ALG in the last 12 months, and with this new commitment to growing the life sciences business in Europe, Element is rapidly developing its position as a full-service solutions provider to the life sciences segment, which is now the most significant end market for the Element Group.”
Scott Fletcher, CEO at Arch, commented: “We are looking forward to joining Element’s global family and tapping into its expertise across a wide range of services and geographies. As Element pushes forward with expansion of its life sciences offering, it’s an exciting time to enter the business, and we’re thrilled to be able to offer our expert capabilities to grow Element’s presence in Europe, the US and hopefully beyond.”
As a member of the Arch Science Group, Anatune finds itself in a very exciting place because, in the words of Anatune Managing Director, Alan Lockley:
“I am very proud to be part of the Element Materials and Technology Group and look forward to leveraging the reach and expertise of the wider group to reach new customers and expand our technical capability. It is truly exciting to have become part of Element’s journey as it expands its life science offering. Anatune and the wider Arch group will be continue to offer fully automated analytical solutions along with services such as application development, consumable sales, training and support that the Arch group is known for and excels.”
Alan Lockley, Managing Director, Anatune
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CLICK HERE to read the full statement from Element Material Technology.