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Technology partners complete merger deal

Geological instrument and services company Geotek has completed the acquisition of one of the most experienced instrument and service providers in the application of hyperspectral imaging for mineral identification of geological core and cuttings.

The acquisition of Spectra-Map has enabled the launch of the new Spectra-Map business within the Geotek group of companies.

Both firms are based in Daventry and Geotek has worked with Spectra-Map since 2019 to integrate their SpecCam VNIR and SWIR camera and mineralogical interpretation software on to Geotek’s Multi-Sensor Core Logger platforms.

Geotek managing director Tony Bosley said: “Spectra-Map are a perfect fit for the Geotek group, bringing 20 years experience in infrared spectroscopy on core and cuttings scanning, which will support Geotek’s rapid growth in hyperspectral core scanning instrumentation and services.

“Through our historical collaboration with Spectra-Map, it has allowed both companies to understand the potential of a more formal relationship, resulting in the acquisition of the company. This now allows for continued investment in the technologies and applications for the future and we already have the next generation of camera, software and MSCL instruments ready to ship to the market to fully exploit the potential of this powerful analysis technique.”

Spectra-Map will continue to operate as a specialist hyperspectral core and cuttings scanning company within the Geotek group. Its founders Gavin Hunt and Richard Williams will continue with the combined business.

Mr Williams, commercial director of Spectra-Map, said: “The acquisition allows the expansion of Spectra-Map’s growing core scanning business into Geotek’s well established global distribution network.”

Geotek’s sales director James Shreeve added: “The integration of Spectra-Map’s market-leading technology means that Geotek now offer the most comprehensive range of products and mobile core scanning services, which is unmatched in the market.”

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