UNION PARK ANNOUNCES ACQUISITION OF CHOPIN TECHNOLOGIES
Milford MA – June 30, 2016. KPM Analytics, a Union Park Capital holding company, announced today that it has acquired CHOPIN Technologies, a world leader in providing quality testing solutions to the grain and flour markets. Throughout CHOPIN’s long history, the company has focused on solving difficult challenges faced each day by customers involved in grain and flour production. The company’s more than 100 employees work from the headquarters in Villeneuve-la-Garenne Cedex, France as well as from subsidiaries in China and the United States.
KPM Analytics was formed last year with the acquisitions of Unity Scientific and Process Sensors Corporation. The company’s premium brands provide instrumentation solutions for many industries and markets, from food quality and safety to environmental and agriculture.
“The addition of CHOPIN Technologies to the KPM Analytics group of companies demonstrates KPM’s focus on strong brands that bring a unique, application-focused set of solutions to customers. CHOPIN brings a particular strength in both the grain and flour production markets. This deep, market-specific technical expertise is a perfect complement to the offerings of KPM’s other portfolio companies, Unity Scientific and Process Sensors. The combination of these three strong and well regarded brands positions KPM Analytics as a key provider in the global Food, Environmental, and Agricultural instrumentation markets.,” said Chris McIntire, CEO of KPM Analytics. “CHOPIN will continue to serve grain and flour customers as it has for decades, under the globally recognized CHOPIN Technologies brand.” said Mr. McIntire.
“Joining the KPM Analytics Group is a great opportunity for CHOPIN Technologies,” says Marc Dolige, CHOPIN’s CEO, “Bringing effective and innovative solutions to our clients is and will remain our focus.” Marc Dolige will continue as CEO after the acquisition as will the entire CHOPIN management team. “We are thrilled to be adding Marc and his team to the group and look forward to continued innovation, growth and success” says McIntire.
About CHOPIN Technologies
CHOPIN Technologies is specialized in methods and equipment for the quality control of cereals, flours, and their by-products. The company offers products and services to cereal industries needing to carry out analyses to satisfy operational requirements, current regulations and to meet customer specifications. For more information, visit www.kpmanalytics.com/brands/chopin-technologies.
About KPM Analytics
KPM Analytics was formed by Union Park Capital in 2015 with a quest to bring together a portfolio of analytical instrument companies focused on analyzing critical quality parameters in the food, agricultural, industrial, environmental, and clinical industries. KPM’s foundation is built on organizations with proven technologies, strong brand recognition, industry expertise and a passion for solving customer problems, enabling them to thrive together as a strategic group. With this united approach, customers will be better served with a broader, more robust scientific instrumentation offering supported by a global sales and service network and application expertise. For more information, visit www.kpmanalytics.com.
About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market Industrial Technology companies. Union Park takes a long term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA and has extensive investments and expertise in the scientific instrumentation sector. For more information, visit www.union-park.com.
KPM Analytics was formed last year with the acquisitions of Unity Scientific and Process Sensors Corporation. The company’s premium brands provide instrumentation solutions for many industries and markets, from food quality and safety to environmental and agriculture.
“The addition of CHOPIN Technologies to the KPM Analytics group of companies demonstrates KPM’s focus on strong brands that bring a unique, application-focused set of solutions to customers. CHOPIN brings a particular strength in both the grain and flour production markets. This deep, market-specific technical expertise is a perfect complement to the offerings of KPM’s other portfolio companies, Unity Scientific and Process Sensors. The combination of these three strong and well regarded brands positions KPM Analytics as a key provider in the global Food, Environmental, and Agricultural instrumentation markets.,” said Chris McIntire, CEO of KPM Analytics. “CHOPIN will continue to serve grain and flour customers as it has for decades, under the globally recognized CHOPIN Technologies brand.” said Mr. McIntire.
“Joining the KPM Analytics Group is a great opportunity for CHOPIN Technologies,” says Marc Dolige, CHOPIN’s CEO, “Bringing effective and innovative solutions to our clients is and will remain our focus.” Marc Dolige will continue as CEO after the acquisition as will the entire CHOPIN management team. “We are thrilled to be adding Marc and his team to the group and look forward to continued innovation, growth and success” says McIntire.
About CHOPIN Technologies
CHOPIN Technologies is specialized in methods and equipment for the quality control of cereals, flours, and their by-products. The company offers products and services to cereal industries needing to carry out analyses to satisfy operational requirements, current regulations and to meet customer specifications. For more information, visit www.kpmanalytics.com/brands/chopin-technologies.
About KPM Analytics
KPM Analytics was formed by Union Park Capital in 2015 with a quest to bring together a portfolio of analytical instrument companies focused on analyzing critical quality parameters in the food, agricultural, industrial, environmental, and clinical industries. KPM’s foundation is built on organizations with proven technologies, strong brand recognition, industry expertise and a passion for solving customer problems, enabling them to thrive together as a strategic group. With this united approach, customers will be better served with a broader, more robust scientific instrumentation offering supported by a global sales and service network and application expertise. For more information, visit www.kpmanalytics.com.
About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market Industrial Technology companies. Union Park takes a long term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA and has extensive investments and expertise in the scientific instrumentation sector. For more information, visit www.union-park.com.