![[Left to right] Simon Kenney, CEO at Goodfellow and Andrew Watson, CFO at Goodfellow](/media/xgwfox3e/goodfellow-version-2.jpg?width=1120&height=630&format=webp&quality=80&bgcolor=White&v=1dbc0e064a87310)
The acquisition of UK-based Bureau of Analysed Samples (BAS) and Suisse Technology Partners (STP) in Switzerland will give Goodfellow access to laboratories and testing facilities and a Certified Reference Materials (CRM) capability.
These transactions are said to position the business as a critical partner to research and industry through its ability to offer 170,000+ different materials and access to customisation, certification, fabrication and full testing services.
They follow the acquisition last year of Potomac Photonics in the US, supporting the firm’s growth targets to be over £50m in revenue within the next two years.
“We set out at the start of this year our desire to achieve growth through an increase in organic sales and several key acquisitions – these first two are strategically important purchases for setting our future direction,” explained Simon Kenney, CEO of Goodfellow.
“BAS has been one of the leading figures in Certified Reference Materials (ISO:17034 and ISO/IEC:17025) for decades and these CRMs play a vital role in the development of new products in electronics and technology, renewable energy, automotive, defence and healthcare.”
He continued: “Suisse TP complements this deal perfectly. It is extremely well respected in the global R&D scene and its certified laboratories and expertise in surface technology bridges the gap between material supply and application testing.”
Goodfellow, which received an investment from Battery Ventures in 2021, supplies a comprehensive range of metals, alloys, ceramics, polymers, compounds, and composites.
From its HQ in Huntingdon, the material specialist already provides a range of post processing facilities, including rolling, electroplating, sputtering, heat treatment, disk punching/turning and guillotining/sawing.
Kenney concluded: “We are constantly looking to add further value to our global customer base and these acquisitions do exactly that, adding Certified Reference Materials to our range and additional material testing capability.
“There are other acquisitions in the pipeline, with discussions progressing well across multiple fronts.”
Goodfellow is actively looking to recruit, with positions available in the UK and across its international facilities.
