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Bluefors To Acquire Cryomech, Creating A Global Leader In The Ultra-Low Temperature Cooling Technology Market

PRIVATEFeb 28, 2023

Acquiring Company

Bluefors

Acquired Company

Cryomech

ManufacturingManufacturingBiotechnology

Description

Bluefors, a leading Finnish manufacturer of cryogenic measurement systems, has today announced it intends to acquire Cryomech, a pioneering cryocooler technology and manufacturing company, based in Syracuse, New York, USA. The combined company will bring together close to 600 employees and cryogenics experts in Finland, Germany, the Netherlands, and USA. The acquisition will position the company to be even better equipped to serve current and future customers working at the cutting edge in quantum technology, fundamental physics research, and other select industrial applications.

Quick answer

Bluefors is acquiring Cryomech, announced February 28, 2023.

How much did Bluefors pay for Cryomech?
The deal value was not disclosed.
What does Bluefors do?
Bluefors is the world leader in manufacturing cryogenic measurement systems for quantum technology and fundamental physics research.

Source: Fundz verified event record.

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Company Information

Company

Bluefors

About

Bluefors is the world leader in manufacturing cryogenic measurement systems for quantum technology and fundamental physics research. With a revenue of over EUR 130 million and around 400 employees, we are dedicated to delivering the most reliable, versatile and easy-to-operate systems on the market. The quality of our products in combination with our scalable production capabilities, has made us as the preferred choice for ultra-low temperature requirements at universities, research institutes, and corporations globally. bluefors.com

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Frequently asked

Who acquired Cryomech?

Cryomech was acquired by Bluefors. The deal was reported on February 28, 2023. Bluefors is the world leader in manufacturing cryogenic measurement systems for quantum technology and fundamental physics research. Bluefors is privately held and operates in Manufacturing.

When did Bluefors acquire Cryomech?

Bluefors's acquisition of Cryomech was reported on February 28, 2023. Bluefors, a leading Finnish manufacturer of cryogenic measurement systems, has today announced it intends to acquire Cryomech, a pioneering cryocooler technology and manufacturing company, based in Syracuse, New York, USA. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cryomech do?

Cryomech designs and manufactures cryocoolers and other cryogenic product lines. It is privately held, operating in Manufacturing.

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