Ginolis announces agreement to acquire business of Wegera Oy

Ginolis, the manufacturing solutions provider for diagnostic disposables, and Wegera, an Oulu-based machine and assembly service provider, today announced an agreement under which Ginolis Ltd.’s subsidiary, Ginolis Tools, will acquire the business of Wegera Oy.

"We have worked together with Wegera for a number of years and are very excited about this acquisition.” states Ginolis CEO, Teijo Fabritius. “Going forward, Ginolis Tools will continue to maintain and further develop the customer relationships established by Wegera.”

Following completion of the transaction, Wegera’s Managing Director Veikko Pitkälä will be retiring, and Pekka Raudaskoski will serve as the new Managing Director. Pekka has a vast work experience within the manufacturing industry, which includes roles in training and development, academics and engineering technology. Most recently, Pekka served as JOT Automation’s Quality Manager in Finland. Going forward the company will continue normal operations and adopt the name Ginolis Tools Oy.

Further information:

Teijo Fabritius, CEO
Ginolis Ltd. | +358 40 565 1782|
teijo.fabritius@ginolis.com

Pekka Raudaskoski, Managing Director
Ginolis Tools Oy | +358 40 164 5466 | pekka.raudaskoski@ginolis.com

About Ginolis:

Ginolis provides automation solutions for manufacturing, laboratories and end-user instruments for medtech, pharmaceutical and diagnostic companies. Ginolis also develops customer-specific disposable platform solutions for high-volume applications. The company is privately owned and headquartered in Oulu, Finland, with a subsidiary in Uppsala, Sweden and San Diego, USA.

www.ginolis.com

About Ginolis Tools Oy

Ginolis Tools specializes in high quality machining and assembly of single pieces, small series parts and products for telecom, electronics, life science and production automation companies. The company is privately owned and situated in Oulu, Finland.

www.ginolistools.com

About Us

Ginolis specializes in assembly automation and high precision liquid handling solutions for the global diagnostic and MedTech industries. Ginolis aims to be one of the leading global systems suppliers in the diagnostics industry to enable the shift to automated production. The company’s desktop robotic platform solutions are characterized by high precision and modularity. Ginolis is privileged to work in co-operation with many of the world’s leading diagnostic companies. Established in 2010, Ginolis is privately owned and headquartered in Oulu, Finland, with offices in Uppsala, Sweden, San Diego, USA and Suzhou, China.

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