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June 12, 2015
Singapore − 12th June 2015 −Techcomp (Holdings) Ltd (“Techcomp”), (HKSE stock code: 1298, SGX stock code: T43), one of China's leading manufacturers and distributors of analytical and life-science instruments, and Hitachi High-Tech Science Corporation (“Hitachi High-Tech Science”), a subsidiary of Hitachi High-Technologies Corporation (“Hitachi High-Tech”, TSE stock code: 8036) have entered into a new distribution agreement.
The new distribution agreement made between Techcomp and Hitachi High-Tech Science is for the marketing, after-sales service and distribution of the Scion gas chromatograph and mass spectroscopy (GC and GC-MS) products in Japanese market.
Under the agreement, Hitachi High-Tech Science will set up the Scion GC and GC-MS demonstration units in Hitachi High-Tech Science demonstration facility in Tokyo, Japan and start the marketing and distribution in Japan as well as its after-sales service for the products sold by Hitachi High-Tech Science.
Scion GC products line is originated from Varian Inc. Varian Inc. was acquired by Agilent Technologies Inc. in 2010, and the Varian’s GC products line was subsequently divested to Bruker. Techcomp acquired the Scion GC and GC/Single Quadrupole (SQ) MS business from Bruker Daltonics Inc. in November 2014. Techcomp will continue to carry the heritage from its predecessor in product design and world class quality, and continues to provide Scion GC and GC/SQMS products with the reliability and performance that thousands of customers worldwide have been entrusted to.
Richard Lo, President and CEO of Techcomp commented, “Techcomp has been a partner with Hitachi High-Tech since 1997. In addition to the renewed distribution agreement in March, 2015 for Hitachi High-Tech products by Techcomp for Asian market, this new distribution agreement of Scion products by Hitachi High-Tech Science for Japanese market, will also further strengthen our relationship and bring our cooperation into a new chapter. I am looking forward to the continuous and successful partnership with Hitachi High-Tech group in the coming years ahead.”
Kenji Kawasaki, President of Hitachi High-Tech Science commented, “The conclusion of this new agreement has provided an opportunity for Hitachi High-Tech group to strengthen its relationship with Techcomp by new business prospect to further grow for the future. We believe our new investment in this business in Japan will surely prove successful for both parties.”
Backed by a strong research team, Techcomp (Holdings) Ltd (“Techcomp”) is China's leading manufacturer of highly advanced scientific instruments, with cutting edge technological patents in analytical instruments, life science equipment and laboratory instruments. The Techcomp brand of analytical instruments is used in laboratories for diverse industries ranging from materials analysis and testing to pharmaceuticals, biotechnology, medicine, food and beverage, and to forensics. Techcomp has a strong R&D track record and is an original design and original equipment manufacturer for the world's leading brands of analytical instruments used in research and test applications. Techcomp's strong distribution network for a wide range of the world's leading brands of highly advanced analytical equipment is predominantly in China.
Hitachi High-Technologies Corporation, headquartered in Tokyo, Japan, is engaged in activities in a broad range of fields, including Electronic Device Systems, Fine Technology Systems, Science & Medical Systems, Industrial & IT Systems, and Advanced Industrial Products. The company's consolidated sales for FY 2014 were more than ¥637billion.