19/05/2008Telstar joins forces with Clean Air Techniek BV & PMV BV

TELSTAR and CLEAN AIR have signed an agreement by which CLEAN AIR and PMV will join the TELSTAR GROUP.

CLEAN AIR, a Dutch company set up in 1971, has developed strongly and has gained a leading position in clean air technology in Northern Europe, with 80% market share in the Benelux. With over 70 employees, has a customer base which includes academic hospitals and biological research/discovery companies.

CLEAN AIR has two companies under different brands:

• Clean Air Teckniek designs, manufactures and sells clean air technology for laboratories, such as vertical and horizontal laminar flow benches, biological safety cabinets, isolators and tailor-made products. Fully range of scientific equipment as incubators or freezers.
• PMV is responsible for the provision of maintenance, validation and calibration services for clean air products such as biological safety cabinets and the products of its Principals. It also has a strong calibration laboratory located in The Netherlands and Belgium with a well recognised and solid experience in particle counting calibration service and full monitoring systems for clean rooms.

In order to consolidate and extend activities, the acquisition of CLEAN AIR/PMV supposes an ideal complement, allowing TELSTAR-CLEAN AIR to reach the first position as European biosafety cabinet manufacturer.

Jordi Puig, Business Director of TELSTAR commented: "The CLEAN AIR/ PMV transaction represents an ideal way for TELSTAR to extend its product portfolio, increase its presence in laboratory equipment and its market share in Northern Europe".

Milo Bianchetti, the present Managing Director, whose father Ruud Bianchetti was the founder of CLEAN AIR/PMV, added: "Becoming part of the TELSTAR GROUP represents a key milestone in the development of CLEAN AIR. We have identified many synergies between both companies which I am sure will allow CLEAN AIR to further develop its business".

The transaction agreed involves TELSTAR acquiring the total stake in the business.

www.telstar.eu · www.cleanairbv.com · www.pmvbv.nl · www.pmv.be