UNION PARK CAPITAL ANNOUNCES ACQUISITION OF BRUINS INSTRUMENTS
Boston, MA - January 11, 2022. KPM Analytics, Inc., a Union Park Capital portfolio company, announced today it has acquired Bruins Instruments (www.bruins-instruments.com), a German-based manufacturer of high-resolution near-infrared (NIR) reflectance and transmission analyzers. Founded in 1979 by Hans Joachim Bruins, the Company has a long history of manufacturing monochromators that became the core of the early near-infrared business for grain analysis. The acquisition demonstrates KPM Analytics’ commitment to the NIR Analyzer market as the company continues to invest in near-infrared technology focusing on food ingredients and food products.
“With this acquisition, KPM Analytics has significantly enhanced its NIR line of product offerings,” stated Brian Mitchell, KPM Analytics CEO. “The addition of Bruins Instruments complements our existing offerings and completes the KPM near-infrared line of products, from our QuickChek Analyzer Series to the industry-leading SpectraStar XT Analyzer Series.”
The acquisition strengthens KPM’s positions in agriculture, feed and food applications and increases customer options in easy-to-use food and grain analysis. With the addition of Bruins Instruments, businesses of all sizes will have the opportunity to analyze different compositions, such as moisture, oil or fat content, with highly accurate and reliable results in as little as a minute.
“For more than 40 years, we have worked to fulfill our mission of developing high quality and precision NIR spectrophotometers and NIR analyzers with high reliability,” added Ingrid Bruins, CEO of Bruins Instruments. “We are excited that this acquisition will provide the resources and greater reach to bring the Bruins product line to a larger market.”
Bruins is well known for extensive experience in calibration to provide high accuracy and reliable results to the meat and food as well as grain and feed industry. By adding Bruins technology to its NIR Analyzer line, KPM offers more options in high-performance NIR instruments for grain, dairy and meat analysis. KPM intends to integrate the Bruins Instruments line into the company’s existing portfolio and expand sales throughout the global market using KPM’s existing sales network.
“It gives me tremendous pleasure that we could acquire Bruins Instruments. For anyone who knew Hans Bruins, you know that he had a pride for his technology and a passion for his business which is seldom matched. After years of building a relationship with the owners, we were honored that they would entrust us to shepherd their business after Hans passed away, and we will work tirelessly to advance the business to the potential that Hans and Ingrid had envisioned,” concluded Morgan Jones, Managing Partner of Union Park.
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 Bruins Instruments
Bruins Instruments provides high-resolution NIR analyzers. Founded in Munich in 1979, Bruins began manufacturing spectrophotometers for research, universities and institutes and expanded into analytical instruments for the agriculture and food industry in 1982. Since then, the company has been dedicated to being an ideal partner to the agro, meat and food industries by providing precision products at an attainable cost for companies of all sizes. To find out more about Bruins Instruments and their internationally patented precision products, go to www.kpmanalytics.com/brands/bruins-instruments.
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 analytical instrumentation sector. For more information, visit www.union-park.com.
“With this acquisition, KPM Analytics has significantly enhanced its NIR line of product offerings,” stated Brian Mitchell, KPM Analytics CEO. “The addition of Bruins Instruments complements our existing offerings and completes the KPM near-infrared line of products, from our QuickChek Analyzer Series to the industry-leading SpectraStar XT Analyzer Series.”
The acquisition strengthens KPM’s positions in agriculture, feed and food applications and increases customer options in easy-to-use food and grain analysis. With the addition of Bruins Instruments, businesses of all sizes will have the opportunity to analyze different compositions, such as moisture, oil or fat content, with highly accurate and reliable results in as little as a minute.
“For more than 40 years, we have worked to fulfill our mission of developing high quality and precision NIR spectrophotometers and NIR analyzers with high reliability,” added Ingrid Bruins, CEO of Bruins Instruments. “We are excited that this acquisition will provide the resources and greater reach to bring the Bruins product line to a larger market.”
Bruins is well known for extensive experience in calibration to provide high accuracy and reliable results to the meat and food as well as grain and feed industry. By adding Bruins technology to its NIR Analyzer line, KPM offers more options in high-performance NIR instruments for grain, dairy and meat analysis. KPM intends to integrate the Bruins Instruments line into the company’s existing portfolio and expand sales throughout the global market using KPM’s existing sales network.
“It gives me tremendous pleasure that we could acquire Bruins Instruments. For anyone who knew Hans Bruins, you know that he had a pride for his technology and a passion for his business which is seldom matched. After years of building a relationship with the owners, we were honored that they would entrust us to shepherd their business after Hans passed away, and we will work tirelessly to advance the business to the potential that Hans and Ingrid had envisioned,” concluded Morgan Jones, Managing Partner of Union Park.
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 Bruins Instruments
Bruins Instruments provides high-resolution NIR analyzers. Founded in Munich in 1979, Bruins began manufacturing spectrophotometers for research, universities and institutes and expanded into analytical instruments for the agriculture and food industry in 1982. Since then, the company has been dedicated to being an ideal partner to the agro, meat and food industries by providing precision products at an attainable cost for companies of all sizes. To find out more about Bruins Instruments and their internationally patented precision products, go to www.kpmanalytics.com/brands/bruins-instruments.
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 analytical instrumentation sector. For more information, visit www.union-park.com.