July 3, 2018

N. Branford X-ray manufacturer merges with Arizona firm

Precision X-ray Inc., a North Branford, family-owned manufacturer of X-ray irradiators for biological research, is merging with an Arizona competitor, Faxitron Bioptics, both companies announced Monday.

DRMC X-Ray Inc., a newly formed affiliate of Faxitron, acquired the irradiation assets of both companies, saying the deal would "leverage the R&D strength and pedigree of PXi with Faxitron's focus on integration and automation."

The combined company will continue to operate under the PXi name and house its corporate headquarters, R&D and manufacturing operations in North Branford, the companies said.

Financial terms of the deal were not disclosed.

Both companies have deep roots in manufacturing cabinet X-rays, which are X-ray systems installed in an enclosure and often used to X-ray small animals or analyze tissue samples in a research setting.

"The X-ray systems and linked applications we provide play a pivotal role in radiation-based oncology, immunology, genetics and agricultural research," PXi President Bill McLaughlin said in a statement. "Having access to this broadened product range as well as the technical expertise and expanded service footprint of the two businesses will strengthen the irradiation solutions we can provide to our combined customer base worldwide."

Reach Natalie Missakian at news@newhavenbiz.com

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