ALTANA recently announced that it has acquired the operating assets of the Paul N. Gardner Co. Inc. (GARDCO) of Pompano Beach, Fla. Within the ALTANA Group, the business will be integrated into the Instruments Business Line of the BYK Division (BYK-Gardner); it will continue to operate as Paul N. Gardner. Terms of the sale were not disclosed.
Both GARDCO and BYK-Gardner have a common origin in the Henry A. Gardner Laboratory, founded in 1935 in Bethesda, Md. According to ALTANA, both companies are worldwide leaders in the production and sale of physical testing instrumentation and supplies. These devices assess the quality of color and gloss, as well as the physical properties of coated surfaces.
“I can’t think of a better business combination for our customers than ALTANA,” said Paul N. Gardner Jr., president and CEO of GARDCO. “I’m confident that this is the best avenue for our customers as well as our employees to take GARDCO and BYK to the next level of growth.”
“We are extremely fortunate and happy to be able to utilize the combined strengths of BYK Instruments and Paul N. Gardner Co. Inc. to continue to provide new and innovative solutions and increased value to our combined customer base,” said Frank Wagner, CEO of BYK Instruments.