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Management buyout at Agar Scientific
The management team at microscopy consumables company Agar Scientific Ltd. is delighted to announce the successful completion of a management buyout of the business from Elektron Technology PLC.
The management buyout has been led by Darren Likely, Managing Director, Rob Yeo, Operations Director and Paul Light, Finance Director with the support and guidance of Foresight Group, a leading private equity firm, RBS bank and Haines Watts Corporate Finance.
Agar Scientific specialises in electron microscopy consumables and accessories, and was founded in 1978 by Alan Agar to provide quality test specimens, TEM grids and EM filaments to electron microscopists. From its offices and laboratories in Stansted, Essex, Agar Scientific distributes globally, both directly to end users or through its extensive and growing network of distributors. The company prides itself on providing excellent quality products and service to its international customer base.
Agar Scientific employs exceptionally dedicated and skilled members of staff, many of whom are experts in their field. The business will continue to operate from its present Stansted facility and with more focus and resources the team look forward to continuing to deliver an excellent level of service for its customers.
Agar recognises the importance of microscopy in the future of scientific research and development. The management team are confident the acquisition of Agar Scientific will enable them to introduce new product initiatives while continuing to provide a high quality service to its customers.
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