AC Analytical Controls, a manufacturer of chromatography systems for the petroleum, petrochemical and natural gas industries, undderwent a management buyout in March.AC Analytical Controls, a manufacturer of chromatography chromatography (krō'mətŏg`rəfē), resolution of a chemical mixture into its component compounds by passing it through a system that retards each compound to a varying degree; a system capable of accomplishing this is called a systems for the petroleum, petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. and natural gas industries, underwent a management buyout Management buyout (MBO) Leveraged buyout whereby the acquiring group is led by the firm's management. management buyout See going private. in March. It is now 70% owned by management and 30% owned by Dutch venture capital firm Ecart Invest. Sales for 2003 totaled $15 million. |
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