Sale of specialist equipment manufacturer supported by Azets

By Azets

13 Jul 2021

Isotopx designs and manufactures mass spectrometers and enjoys a worldwide customer base. Global equipment manufacturer Techcomp Europe acquired a majority shareholding in the business in a deal which completed on 30 June. The value of the deal has not been disclosed. 

The team at Isotopx will continue to be led by CEO and founder Zenon Palacz, while co-founder Mark Yardley has retired. 

For Techcomp Europe, the acquisition marks a key milestone in its strategy to provide a broad portfolio of innovative scientific instruments to the world’s leading universities and research institutes. With the support of Techcomp, Isotopx will continue to innovate and produce Thermal Ionization and Noble Gas mass spectrometers, as well as invest in bringing new products to market. 

In turn, Isotopx’s team will benefit from Techcomp’s global marketing and distribution network to reach an expanded customer base. 

Azets, the UK’s leading advisor to SMEs, provided corporate finance advice, led by Tim Mills (Corporate Finance Partner) and supported by Nan Hao (Assistant Manager).  

Tim Mills, corporate finance partner at Azets, said: “We were delighted to advise Zenon and Mark on this transaction and it’s great to see the success of their company being recognised.  Despite the challenges of the pandemic, Brexit, and the uncertain economic outlook, this deal proves that attractive, well-managed businesses will always be in demand.  It’s credit to the resilience and enterprise of the North West business community that our teams remain so active.” 

Weightmans,  led by corporate partner Paul Raftery and supported by associate Barry Riley,  provided legal advice to the shareholders of Isotopx.

Paul Raftery, partner at Weightmans, commented: “Zenon and Mark have built a mass spectrometer company here in the North West that competes with the biggest and best in the world. Having acted for them since their inception 13 years ago, it was a pleasure to advise them on this deal as Zenon take things forward with new co-owners Techcomp Europe.

"The transaction demonstrates the continuing attraction that UK business have for non-UK companies looking to acquire quality businesses.  With its genuinely world leading technology, Isotopx will continue to be based in the North West as it goes on to the next stage of its growth.

Zenon Palacz, CEO and founder of Isotopx said: “We are really looking forward to working with Techcomp to grow our business together.  The next few years promise to be an exciting period for us as we build on the success of the ATONA Amplifier and bring exciting new products to market.  The culture at Techcomp is a good match with Isotopx, where innovation and cutting-edge technology are at the heart of everything we do.”

Richard Finlayson, CEO Techcomp Europe said: “Techcomp and Isotopx complement each other very well.  Isotopx have a very strong technical team with a worldwide reputation for excellence. This investment allows for collaboration between Isotopx and the technical experts in our other companies to bring further innovations and improvements across our product portfolio.

"In addition, Isotopx will also leverage our global sales and marketing infrastructure to reach new customers. We very much look forward to welcoming them to the Techcomp family and to supporting them through the successful launch of their exciting new products.”

Latest news

1

University of Central Lancashire celebrates hat-trick of wins at Educate North Awards University of Central Lancashire winners at Educate North Award Winners 2025

University of Central Lancashire celebrates hat-trick of wins at Educate North Awards

04 Apr 2025

2

The Villa’s sister venue shuts its doors The Villa Levens and The VillaWrea Green (Image credit: The Villa Levens and The Villa Wrea Green)

The Villa’s sister venue shuts its doors

04 Apr 2025

3

PM urged not to retaliate over tariffs Manufacturing

PM urged not to retaliate over tariffs

03 Apr 2025

4

CMAC Group appoints Matthew Ratcliffe as chief operating officer Matthew Ratcliffe CMAC

CMAC Group appoints Matthew Ratcliffe as chief operating officer

03 Apr 2025

5

For sale signs at The Villa Villa Wrea Green has been brought to market (Image credit: The Villa Wrea Green)

For sale signs at The Villa

02 Apr 2025

Pc Prestonmacan Gif980x120 March
Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Lancashire Net Zero Carbon Conference
Net Zero Carbon Social 1200px
Networking
18 Jun 2025

Lancashire Net Zero Carbon Conference

Crow Wood Hotel & Spa Resort, Burnley, BB12 0RT

08:30 - 13:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

RISE - The Academy for Female Leaders and Managers
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
02 Apr 2025 - 08 Oct 2025

RISE - The Academy for Female Leaders and Managers

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 15:30

Lancashire Business Expo 2025
https---cdn.evbuc.com-images-880395853-4862066883-1-original.20241022-091152-2.jpeg.jpg
LBV Hub Exhibitions
04 Apr 2025 - 04 Apr 2025

Lancashire Business Expo 2025

Sir Tom Finney Sports Centre, Preston, PR1 2HE

09:00 - 15:00

The Business Network Central & East Lancashire
LBV Hub Networking
24 Apr 2025 - 24 Apr 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

People Power: Exclusive Event Series
Stay ahead in 2025.jpg.jpg
LBV Hub Seminars
29 Apr 2025 - 29 Apr 2025

People Power: Exclusive Event Series

People's History Museum, Manchester, M3 3ER

17:00 - 21:00

Planning for the future + navigating Inheritance Tax changes
Planning for the future + navigating Inheritance Tax changes for website.png.png
LBV Hub Seminars
01 May 2025 - 01 May 2025

Planning for the future + navigating Inheritance Tax changes

Stanley House Hotel, Mellor, Blackburn, BB2 7NP, Blackburn, BB2 7NP

08:00 - 10:30

A night at the races
1.png.png
LBV Hub Dinners / Balls
02 May 2025 - 02 May 2025

A night at the races

Morecambe FC, Morecambe, LA4 4TB

19:00 - 23:59

Innovating business solutions through PhD Partnerships
30478 Skills Bootcamp open day setting.jpg.jpg
LBV Hub Networking
07 May 2025 - 07 May 2025

Innovating business solutions through PhD Partnerships

University of Central Lancashire, Preston , PR1 2HE

14:30 - 15:30

Celebrating 50 years of KTP
UCLanAerialCampus.jpg.jpg
LBV Hub Networking
07 May 2025 - 07 May 2025

Celebrating 50 years of KTP

University of Central Lancashire , Preston, PR1 2HE

16:00 - 18:00

Research and Knowledge Exchange Showcase
13421_research_knowledge_exchange_2025_600x300.jpg.jpg
LBV Hub Awards
07 May 2025 - 08 May 2025

Research and Knowledge Exchange Showcase

University of Central Lancashire , Preston, PR1 2HE

09:00 - 17:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more Lbv121 Online Graphic
Subscribe now

Weekly news bulletin