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Scientific Instrument Manufacturer Announces Important Acquisition

This developer and manufacturer of spectrometers is acquiring a sales and service company to drive sales volume.

Nanalysis Scientific Corp. (TSX Venture: NSCI) has entered into a binding agreement to acquire 100% of K'(Prime) Technologies Inc., a North American sales and service company. K’(Prime) focuses on scientific instrumentation for pharma, food, chemical and oil & gas customers, as well as imaging systems for security applications.

With an expected close prior to the end of the year, Dec 31, 2021, the deal is expected to provide Analysis with enhanced sales and service coverage across the United States and Canada.

Shares have been moving forward for the past several weeks and are currently up $0.07 in late morning trade.