Acquisition of Focus Scientific Solutions by Lennox shows ambition of 100-year-old firm.
Irish scientific and medical solutions firm Lennox has acquired Meath-based lab equipment specialist Focus Scientific Solutions for an undisclosed sum.
This strategic investment will support the creation of 30 high-level roles over the next two years and results in Lennox becoming the largest independent Irish company in this sector.
“Over the last five years, we have prioritised investment in systems, training and logistics and have transformed the company into a tailored end-to-end solutions provider”
Founded in Dublin in 1923, Lennox employs 50 people across their sites in Dublin and Cork. Focus Scientific Solutions was founded in 2007 and is situated in Stamullen and employees 14 people.
A new chapter
“Today’s announcement represents a new phase for Lennox, building on our proud 100-year history,” said Lennox CEO Leslie Brett.
“Over the last five years, we have prioritised investment in systems, training and logistics and have transformed the company into a tailored end-to-end solutions provider. Eight of the new roles announced today will be fulfilled in the next six months, across engineering, business analysis and e-commerce.
“There has been a lot of movement in our sector in recent years, with indigenous companies being acquired by outside investment. Our strategy is to grow independently. Focus Scientific Solutions is the first step in this strategy, allowing us to further enhance the technical service business, target new customers and expand our product portfolio,“ Lennox said.
Founded in 2007, Stamullen-based Focus Scientific Solutions Ltd provides an extensive range of specialist analytical and general laboratory equipment, with a portfolio of products ranging from small laboratory apparatus to high tech R&D analytical test equipment. Its key markets are pharmaceutical, biotechnology, manufacturing, R&D as well as clinical, academia and dairy but it also provide solutions to other market sectors.
“There is significant scalable potential in this strategic investment, and we look forward to the opportunities, shared learnings and combined expertise that joining Lennox will bring to our customers,” said Liam Coughlan, director of Sales and Marketing and co-founder of Focus Scientific Solutions.
“Focus Scientific has a very capable and experienced team who have partnered with some of the leading global instrument manufacturers in the sector to combine their technical expertise with our own.”
Director of Technical Sales and Service and co-founder of Focus Scientific Solutions Mike O’Connor added: “Our team provides advanced technical services and solutions working with Ireland’s leading biopharma, pharmaceutical and life sciences companies. This acquisition will allow our combined resources to expand and bring this to an even higher level. Lennox’s ethos, expertise and experience will ensure we continue to deliver the highest level of personalised service.”
Main image at top: Lennox CEO Leslie Brett