Edinburgh Instruments Ltd acquired by Techcomp Group Ltd

Commenting on the acquisition, chairman Dr Derek Shepherd F.I.C.E., C.Eng. states: "Edinburgh Instruments has prospered under strong leadership, a motivated team of highly qualified employees and with investment from Scottish Enterprise and Hamamatsu Photonics KK in the early years. Our products provide research institutes worldwide with the most advanced photonic analytical capabilities available today. EI is now ready to start a new phase of development. Techcomp's knowledge and global presence in our high-end analytical markets position them as the perfect partner to help release the full potential of our technologies."

Describing this latest addition to the Techcomp Europe business, Chris O'Connor (CEO Techcomp Europe Group) adds: "We are delighted to have the opportunity of adding Edinburgh Instruments to our portfolio of businesses and to be able to expand our range of technologies and products. EI has a fantastic reputation for innovating and supporting leading-edge research globally and we are excited about investing in the business and working with the employees to take it to the next level. The depth of knowledge and experience within the team at EI is truly impressive and we are proud that Professor Smith OBE FRS FRSE, EI's founder and retired chairman, who is a genuine pioneer of advanced photonic research, will be joining Techcomp Group as our Chief Scientific Officer."

CEO Alan Faichney, having led the business for the past two and a half years, will pursue other interests and a replacement will be announced in due course.

For further information about Edinburgh Instruments Ltd (EI) please go to www.edinst.com/.