Union Park acquires Chopin Technologies
Advised by Osborne Clarke, Union Park Capital, a Boston-based private equity firm focused exclusively on lower middle-market Industrial Technology investments, announced the acquisition of ChopinTechnologies, based in France. Throughout Chopin’s long history, the company has focused on solving difficult challenges faced each day by customers involved in grain and flour production. The company has more than 100 employees working from the headquarters in France, as well as from subsidiaries in China and the United States.
ChopinTechnologies will join Unity Scientific and Process Sensors as an independent operating entity under Union Park’s KPM Analytics Holdings platform (formerly Statera Analytics). The company’s premium brands provide instrumentation solutions for many industries and markets, from food quality and safety to environmental and agriculture.
“The addition of Chopin to the KPM Analytics group of companies demonstrates KPM’s focus on strong brands that bring a unique, application-focused set of solutions to customers,” said Chris McIntire, CEO of KPM Analytics. “Chopin brings particular strength in both the grain and flour production markets. This deep, market-specific technical strength is a perfect complement to Unity Scientific and Process Sensors. The grouping of these three strong and well-regarded brands positions KPM Analytics as the key provider in the global Food, Environmental, and Agricultural instrumentation market. Chopin will continue to serve grain and flour customers as it has for decades, using the well regarded Chopin brand,” said Mr. McIntire.