Strategic Acquisition The acquisition of Perten by PerkinElmer in 2019 indicates a strategic expansion into the food and agriculture analytical market, creating opportunities for cross-selling advanced testing solutions and leveraging PerkinElmer's global distribution channels.
Industry Leadership Positioned as a long-standing partner to the food industry since 1962, Perten has established a trusted reputation for providing reliable analytical instruments, opening avenues to deepen customer relationships and introduce innovative solutions.
Tech-Driven Solutions With a focus on advanced analytical technology and solutions, Perten serves markets that value precision and efficiency, which suggests potential for upselling integrated digital tools and software to enhance laboratory capabilities.
Market Focus Operating within the industrial machinery manufacturing sector with an emphasis on food quality testing, Perten offers targeted opportunities to collaborate with food producers seeking to optimize quality control and waste reduction.
Growth Potential With revenues estimated between $25M and $50M and a global client base, there is significant scope for expanding product offerings, especially through leveraging the existing customer loyalty and technical expertise.