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

Roundhouse secures approval for new £15m office and industrial scheme in Preston Momentum

Roundhouse secures approval for new £15m office and industrial scheme in Preston

25 Jul 2025

2

Homebuilder's high-performing sales advisers clinch awards Ben Garland and Julia Lorente

Homebuilder's high-performing sales advisers clinch awards

24 Jul 2025

3

Work is set to start on Multiversity project Multiversity Blackpool

Work is set to start on Multiversity project

24 Jul 2025

4

BAE Systems welcomes MOU between Republic of Turkiye and UK for purchase of Typhoon aircraft Typhoon production Warton

BAE Systems welcomes MOU between Republic of Turkiye and UK for purchase of Typhoon aircraft

23 Jul 2025

5

Assystem to double UK jobs to deliver Sizewell C EDF Assystem

Assystem to double UK jobs to deliver Sizewell C

22 Jul 2025

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 Built Environment Conference 2025
BEC 315 X 315 Px
Networking
25 Sep 2025

Lancashire Built Environment Conference 2025

Blackpool Football Club, Blackpool, FY1 6HX

08:30 - 13:00

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

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

Preston Tech Connection: Buzz Word Bingo. Challenging Todays's Buzzwords In Tech
July PTC banner long updated.png.png
LBV Hub Networking
29 Jul 2025 - 29 Jul 2025

Preston Tech Connection: Buzz Word Bingo. Challenging Todays's Buzzwords In Tech

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Preston Freelancer Meet-Up: July
Longer July Banner.jpg.jpg
LBV Hub Networking
31 Jul 2025 - 31 Jul 2025

Preston Freelancer Meet-Up: July

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Advantage: AI – A Workshop for Business Leaders – August 14th
Navy--Event Tile.png.png
LBV Hub Seminars
14 Aug 2025 - 14 Aug 2025

Advantage: AI – A Workshop for Business Leaders – August 14th

Door4 Office, Burnley Wharf, Burnley, BB11 1JG

09:00 - 12:00

The Business Network Central & East Lancashire
LBV Header (24).png.png
LBV Hub Networking
21 Aug 2025 - 21 Aug 2025

The Business Network Central & East Lancashire

Mytton Fold, Langho, BB6 8AB

11:30 - 14:15

Morecambe Bay Walk
Walk.jpg.jpg
LBV Hub Awards
30 Aug 2025 - 30 Aug 2025

Morecambe Bay Walk

Arnside, CARNFORTH, LA5

09:30 - 14:00

Longridge Soap Box Derby
Screenshot 2025-06-10 090035.png.png
LBV Hub Fundraisers
14 Sep 2025 - 14 Sep 2025

Longridge Soap Box Derby

Berry Lane, Longridge, PR3 3WH

10:00 - 16:30

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

Help to grow management course
Help to grow - barriers to growth.png.png
LBV Hub Seminars
26 Sep 2025 - 16 Dec 2025

Help to grow management course

Preston Campus , Preston , PR1 2HE

09:00 - 15:00

RISE - Lancashire's unique leadership programme for women
thumbnail_Emma Weston Illustration WENDY BOWERS RISE Illustrstion.jpg.jpg
LBV Hub Seminars
22 Oct 2025 - 18 Mar 2026

RISE - Lancashire's unique leadership programme for women

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

09:30 - 15:30

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 LBV 123 Online Graphic
Subscribe now

Weekly news bulletin