The parent company of Grenova, a leading innovator in sustainable laboratory solutions, announced the acquisition of certain assets of Peak Analysis and Automation (PAA), a long-established UK based provider of laboratory automation technologies and services. The acquisition marks a significant step toward delivering fully integrated, automation-ready solutions to laboratories worldwide.
As sister companies, Grenova and PAA will offer a differentiated suite of software, hardware, and services within the large and growing market for lab automation, particularly for innovative, modular solutions.
“For decades, PAA has earned its reputation for engineering excellence and trusted automation solutions, but this is only the beginning,” said Jon Newman-Smith, R&D Director at PAA. “Joining forces, we will accelerate our innovation, expand our global impact, and deliver smarter, more sustainable automation technologies that redefine what’s possible for laboratories worldwide. With exciting new technology already on the horizon, customers can expect faster breakthroughs, greater flexibility, and solutions that shape the next era of laboratory automation.”
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Joining forces, we will accelerate our innovation, expand our global impact, and deliver smarter, more sustainable automation technologies that redefine what’s possible for laboratories worldwide.”
— Jon Newman-Smith, R&D Director at PAA
“Partnering with PAA represents a significant milestone in our strategy to build a unique platform of innovative lab automation companies with substantial growth potential,” said Michael O’Rourke, Partner at Peloton Equity, the lead investor behind Grenova’s parent company. “The addition of PAA establishes a market-leading position in laboratory automation and integration solutions, as well as strengthens our ability to meet the needs of our customers from concept through implementation.”
Grenova and PAA will continue to operate independently while closely collaborating on product development, system integration, and customer support initiatives. The joint capabilities will allow laboratories to more easily adopt end-to-end automation solutions from coordinating robotic workflows to reusing consumables sustainably.
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