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Article: Analytik Jena sells stake in project business.(Executive Briefing: News & Views for Executives)
- Article from:
- Instrument Business Outlook
- Article date:
- March 31, 2008
CopyrightCOPYRIGHT 2008 Strategic Directions International Inc. (SDI). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jena, Germany 3/31/08 -- Analytik Jena AG has signed a contract to sell 51% of its project business, AJZ Engineering GmbH, to AJZ Engineering's management for 0.9 million [euro] ($1.2 million). In addition, the parties entered into a cooperation agreement under which Analytik Jena will secure credit for ongoing projects on a case-by-case basis. Over three to five years, these agreements will be reduced until AJZ is financially independent. Analytik Jena stated that the AJZ's unpredictable and volatile revenue made planning difficult and that the business's gross and earnings margins were low. "The decision is one in favor ...
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Article: Analytik Jena acquires majority of Perichrom SARL. ...
Instrument Business Outlook;
March 31, 2002 ;
668 words
... ... Chartreux, France 3/25/02--Analytik Jena AG has acquired a 51% stake in Perichrom ... as specializes in custom solutions. Analytik Jena stated that the acquisition further ... Western Europe. In the last year, Analytik Jena has ncreased its distribution network ...
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