M&A Deal Summary

Bruker Acquires Tornado Spectral Systems

On January 4, 2024, Bruker acquired test/measurement equipment company Tornado Spectral Systems

Acquisition Highlights
  • This is Bruker’s 19th transaction in the Test/Measurement Equipment sector.
  • This is Bruker’s 2nd transaction in Canada.
  • This is Bruker’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2024-01-04
Target Tornado Spectral Systems
Sector Test/Measurement Equipment
Buyer(s) Bruker
Deal Type Add-on Acquisition
Advisor(s) EC M&A (Financial)

Target

Tornado Spectral Systems

Mississauga, Ontario, Canada
Tornado Spectral Systems designs, manufactures and sells chemical analysis systems based on Raman spectroscopy. Tornado’s non-destructive, real-time measurement solutions offer numerous benefits for established analytical practice and facilitate broader application of Raman methods for pharmaceutical, petrochemical, biotech, and other applications. Tornado Spectral Systems was formed in 2013 and is headquartered in Mississauga, Ontario.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Bruker

Billerica, Massachusetts, United States
Category Company
Founded 1991
Sector Test/Measurement Equipment
Employees9,707
Revenue 3.0B USD (2023)
DESCRIPTION

Bruker is a provider of high-performance scientific instruments and solutions for molecular and materials research, as well as for industrial and applied analysis. Bruker was founded in 1991 and is based in Billerica, Massachusetts.

DEAL STATS #
Overall 43 of 47
Sector (Test/Measurement Equipment) 19 of 20
Type (Add-on Acquisition) 38 of 42
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2024) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-03 Nion

Kirkland, Washington, United States

Nion develops advanced scanning transmission electron microscopes (the UltraSTEM range) and other electron-optical instruments. The company designs and makes state-of-the-art cold field emission guns, aberration correctors, monochromators, sample stages, spectrometers, and detectors. Nion is based in Kirkland, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-06 Spectral Instruments Imaging

Tucson, Arizona, United States

Spectral Instruments Imaging (SII) provides technology for co-registered bioluminescence (BLI), fluorescence (FLI), and X-ray preclinical imaging. SII systems are engineered with optics, patented illumination, -90o C air-cooled high sensitivity cameras, absolute calibration for quantifiable imaging, excellent flexibility and ease of use. Spectral Instruments Imaging was formed in 2009 and is based in Tucson, Arizona.

Buy -
Mergr

Product

Company

Legal