Oxford Instruments Analytical has acquired substantially all of the share capital
of Metorex International OY. Metorex is based near Helsinki, Finland, with subsidiaries in USA and Germany. It is a supplier of advanced instrumentation solutions and key components for chemical analysis and rapid elemental identification, primarily using X-ray technology. The company specialises in a number of market segments, including the sorting of alloys and the growing markets for recycling which are being driven by new environmental
legislation. Oxford Instruments believes the acquisition will complement its existing business in these segments, further enhancing the scale and market share of the company. Furthermore, Metorex’s proprietary detector technology, developed over many years in partnership with the European Space Agency, will add significant competitive advantage to Oxford Instruments’ existing range of products.
