Wilks Enterprise sold to Spectro Scientific in private equity backed deal
Spectro Scientific, a leading US developer and manufacturer of analytical tools and software for the industrial performance fluids market, has purchased Wilks Enterprise Inc. for an undisclosed sum.
Wilks, based in Norwalk, Conn. and established in 1995, specializes in the development and manufacture of mid-infrared (mid-IR) application specific analyzers that are used for biofuel, petrochemical, environmental, quality control, manufacturing and ambient air monitoring measurement.
Brian Mitchell, president and CEO of Spectro Scientific said: “We are excited to have Wilks Enterprise become part of Spectro as we continue to build a global leadership position in the industrial fluids analysis market,” “Wilks has built an excellent position and reputation in its core markets with portable, rugged and easy to operate instruments. Combining this with Spectro’s extended resources and channel reach gives us optimism in projecting significant future growth from the Wilks platform.”
Sandra Wilks Rintoul, president of Wilks Enterprise said: “Both Spectro and Wilks have excellent synergy between their product lines, industries served, and the shared goal of providing rugged, easy-to-use analysers. We are excited by the prospect of additional resources that will help bring new products and applications to market.”