Analytical and life sciences instrument manufacturer Trajan Group has completed the purchase of the German private businesses of Axel Semrau for a total of $26.5 million.
Trajan purchased Axel Semrau GmbH and Semrau Immobilien GmbH which develop and manufacture laboratory automation and chromatography software and detection systems.
The German companies had a turnover in the year to September, 2021 of $23.2 million and an operating profit of $2.3 million.
Melbourne-based Trajan employs 450 across five manufacturing sites in Australia, the US and Malaysia producing devices for the analysis of biological, food and environmental samples.
Trajan CEO Stephen Tomisich said the two companies had closely co-operated for several years.
Tomisich said: “So we enter this new stage with a working relationship already well established.
“Alex Semrau owns and develops the CHRONOS intelligent sequencing software platform upon which Trajan’s automated workflows are built.
“We intend to further invest in CHRONOS in line with Trajan’s goal to simplify and automate complex analytical workflows.”
Picture: Axel Semrau
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