Agilent completes acquisition of Young In Scientific Co. Ltd. Assets
Agilent Technologies,Acquisition,Young In Scientific
Agilent Technologies Inc. announced that it has completed its acquisition of the Agilent-related business from Young In Scientific Co. Ltd. and its affiliates ("YI Scientific"). YI Scientific is a leading distributor of analytical and scientific instruments in South Korea and a long-time distributor of Agilent instruments and services.
Agilent and YI Scientific have enjoyed a strong partnership over many years. This acquisition expands Agilent's direct capabilities in the growing South Korean market with an experienced and knowledgeable team. Customers of Agilent products and related services in the South Korean market will now have access to an integrated sales and service portfolio directly from Agilent.
"Over the years, we have gotten to know the Young In team focused on Agilent products and services well, and we are pleased to be adding such a high-caliber team to our direct capabilities," said Nino Totino, Agilent's vice president South Asia Pacific and Korea. "Our newly-combined team will be well-positioned to provide customers with an excellent customer experience. Together, we are looking forward to helping our customers advance their science and achieve superior outcomes by delivering quality products and services as one unified team."
Approximately 118 employees from Young In and its affiliates are expected to join Agilent. Financial terms of the deal are not being disclosed.