Divestiture • Machinery

Lake Shore Cryotronics Acquires Janis Research Co. - Laboratory Cryogenics Business

On August 5, 2020, Lake Shore Cryotronics acquired machinery company Janis Research Co. - Laboratory Cryogenics Business from Janis Research Co.

Acquisition Context
  • This is Lake Shore Cryotronics’ 1st transaction in the Machinery sector.
  • This is Lake Shore Cryotronics’ 1st transaction in the United States.
  • This is Lake Shore Cryotronics’ 1st transaction in Massachusetts.

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M&A Deal Summary

Date August 5, 2020
Target Janis Research Co. - Laboratory Cryogenics Business
Sector Machinery
Buyer(s) Lake Shore Cryotronics
Sellers(s) Janis Research Co.
Deal Type Divestiture

Target Company

Janis Research Co. - Laboratory Cryogenics Business

Woburn, Massachusetts, United States
Janis Research Co. LLC - Laboratory Cryogenics Business is a provider of cryogenic and material characterization solutions for low-temperature research.
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Buyer Overview 1

Buyer

Lake Shore Cryotronics

Westerville, Ohio, United States

Category Company
Founded 1967
Sector Test/Measurement Equipment
DESCRIPTION

Lake Shore is a global innovator in measurement and control solutions that drive the discovery and development of new materials for tomorrow’s technologies. In electronics, clean energy, nanotechnology, and many other applications,


Deal Context for Buyer #
Overall 1 of 1
Sector: Machinery 1 of 1
Type: Divestiture 1 of 1
State: Massachusetts 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-31 Lake Shore Terahertz Optical Filter Product Line

United States

Lake Shore Terahertz Optical Filter Product Line comprises the business operations that manufactures Terahertz optical filters with center wavelengths from 27 to 500 micrometers and clear apertures of Ø19.1, Ø25.0, or Ø33.1 millimeters.

Sell -

Seller Profile 1

SELLER

Janis Research Co.

Woburn, Massachusetts, United States

Category Company
Founded 1961
Sector Machinery
DESCRIPTION

Janis Research Co. LLC designer and manufacturer of high-quality cryogenic research equipment, including both cryogen-cooled and cryogen-free cryostat systems. Janis Research was founded in 1961 and is based in Woburn, Massachusetts.


Deal Context for Seller #
Overall 1 of 1
Sector: Machinery 1 of 1
Type: Divestiture 1 of 1
State: Massachusetts 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1