Planet Innovation acquires BIT Group's North American operations

Planet Innovation acquired the North American operations of BIT Analytical Instruments GmbH, including a 29,000 ft² facility in Irvine, California. The acquisition more than doubles PI's medtech manufacturing capacity and is expected to contribute around AUD$25M to annual revenue.

“The acquisition solidifies PI's commitment to grow its US manufacturing capabilities to support its growing US customer base.”prnewswire.com

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• prnewswire.comPlanet Innovation acquires BIT Group's North American operations, doubling its medtech manufacturing capacityPlanet InnovationNov 11, 2021

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