SP Industries Acquires Bel-Art Products
SP Industries, Inc. announced that it has acquired privately held Bel-Art Products). Headquartered in Wayne, NJ, Bel-Art is a global provider of laboratory solutions serving the scientific, industrial, and healthcare end markets.
Through this acquisition, SP, adds to its portfolio over 3,500 additional products sold under Bel-Art's flagship Scienceware and H-B Instrument brand names.
"The acquisition of best-in-class companies that complement our existing product lines and allow us to expand our presence in the global market has proven to be a very effective strategy," stated SP Industries CEO, Bill Downs.
Brad Mahood, Chief Operating Officer of Bel-Art, will play a key leadership role in sales, marketing, and product management at the corporate level. Additionally, David Landsberger, President of Bel-Art Products, will join the Board of Directors for SP Industries.
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