Eppendorf AG

Eppendorf AG Overview

Company Headquarters: Hamburg, Germany

Founded: 1945

Workforce: 3367

Company Working: Eppendorf AG (Eppendorf) is a leading life science company that is engaged in the development of instruments, consumables, and services for liquid, sample, and cell handling in laboratories all around the globe. It offers a wide range of products that include pipettes and automated pipetting systems, spectrometers, dispensers, centrifuges, mixers, and DNA amplification equipment as well as ultra-low temperature freezers, bioreactors, CO2 incubators, fermenters, shakers, and cell manipulation systems. With these products, it serves various industries such as pharmaceutical, biotechnology, chemical, and food.

The company focuses on clinical and environmental analysis laboratories, forensics, and industrial laboratories performing process analysis, production, and quality assurance. Geographically, it operates in more than 25 countries in regions such as Europe, North America, and Asia.

Strategy

Eppendorf plans for strategic acquisitions with other companies to boost its product portfolio. The company focuses on driving an efficient capital structure to strengthen its financial position and to make investments for expanding operations in emerging markets. It also focusses on introducing innovative products and applications to the market on an ongoing basis.

Company Snapshot

$747.9M

Revenue

3,367

Employees

1945

Founded

Hamburg, Germany

Headquarters

SWOT Analysis

Strengths

Recognized brand
Present globally
Provides high-quality and cost-effective products

Weaknesses

Product imitation from other brands
High R&D expenditure

Opportunities

Increasing research institutes
Growing innovation in the medical devices industry

Threats

Increasing rivalry
Changes in technology
Increasing raw material cost

Key Developments

Date	Approach	Development
February 2015	Product Launch	Eppendorf announced the launch of the new CryoCube Ultra-Low Temperature Freezer. The product has various advancements such as it reduces power consumption and make the freezer energy efficient.

Product Offering

Eppendorf AG
- Ultra-Low Temperature Freezers

Financial Performance

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