Pegasus Capital advised the shareholders of TelLab on the sale of the business to Celnor Group. TelLab has developed a strong reputation for technical expertise and innovation, particularly in environmental monitoring, analytical chemistry, and condition monitoring services. TelLab also manufactures specialist laboratory chemicals, reagents, and standards for analytical, QA/QC, and research applications, and develops proprietary technologies and environmental sensing solutions through its research & development activities. The company’s highly accredited laboratory capabilities, strong technical team and long-standing customer relationships make it a country market leader and a strong local employer of highly-skilled staff.
TelLab joins Celnor’s Analytical Sciences Division, significantly strengthening the Group’s environmental testing, laboratory analysis and scientific innovation capabilities across Ireland and the wider UK and European markets. Celnor will support TelLab as it continues to expand its analytical sciences and environmental monitoring capabilities.
