Mirion Technologies, Inc. Acquires Dosimetry Services Distributor Based in Clinton, Tennessee

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ATLANTA--(BUSINESS WIRE)-- Mirion Technologies, Inc. (“Mirion”), a global provider of detection, measurement, analysis and monitoring solutions to the medical, nuclear, defense, and research end markets, today announced the acquisition of CHP Dosimetry, a U.S.-based distributor of dosimetry services. The acquisition closed on November 1, 2021.

Headquartered in Clinton, TN, CHP Dosimetry provides dosimetry services for medical practices, veterinary offices, universities, and government agencies, as well as industrial and environmental companies. CHP Dosimetry was founded in 2004 and is a veteran-owned small business (VOSB). The company recorded $1.2 million in revenue for the year ended December 31, 2020.

CHP Dosimetry is a current customer of Mirion, with CHP Dosimetry offering customers access to several Mirion-branded solutions including its flagship innovation, the Instadose®* dosimetry monitoring platform. Instadose dosimetry is a SMARTER personal dosimeter technology that eliminates the need to collect and return badges every wear period. Providing on-demand and automatic dose reads and insights, Instadose dosimeters enable instant access to current and historical exposure data and cumulative dose insights, along with the ability to make account, location, device, and wearer changes online within minutes.

“As the sole supplier of dosimetry offerings for CHP Dosimetry, acquiring the company’s distribution channels marks a natural progression for our business,” says Lou Biacchi, President of Mirion Dosimetry Services. “We are excited to directly serve CHP Dosimetry’s existing customers who we expect will continue to utilize Mirion’s robust dosimetry products.”

Mirion provides personal radiation monitoring services and dosimetry solutions for a wide range of applications. Personal dosimeters are typically worn by individuals (clipped to their collar, torso, waist, wrist or worn as a ring on their finger) who work with or around sources of ionizing radiation and are used to measure, record, and track the radiation dose they are exposed to while performing their job.

*Instadose® dosimeters may not be accredited in all countries. Please call 800-251-3331 for more information about international availability.

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “should”, “would”, “will”, “understand” and similar words are intended to identify forward looking statements. These forward-looking statements include but are not limited to, statements regarding the benefits of CHP Dosimetry’s technology to Mirion and its customers, and Mirion’s dosimetry operations. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including the risk that problems may arise in integrating CHP Dosimetry’s business and technology.

Additional risks and uncertainties that could affect the forward-looking statements in this press release are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” set forth from time to time in filings and reports we make from time to time with the Securities and Exchange Commission, including our registration statement on Form S-1 filed on October 27, 2021.

You should not rely on these forward-looking statements, as actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

About Mirion

Mirion Technologies is a leading provider of detection, measurement, analysis and monitoring solutions to the nuclear, defense, medical and research end markets. The organization aims to harness its unrivaled knowledge of ionizing radiation for the greater good of humanity. Headquartered in Atlanta (GA – USA), Mirion employs around 2,500 people and operates in 13 countries. For more information, and for the latest news and content from Mirion, visit Mirion.com.

About CHP Dosimetry

Founded in 2004, CHP Dosimetry is a veteran-owned distributor of dosimetry services based in Clinton, TN. CHP Dosimetry supplies whole-body dosimeters, extremity rings, and area monitors to tens of thousands of clients nationwide. Clients include medical practices, veterinary offices, universities, government agencies, and industrial and environmental companies. For more information, visit chpdosimetry.com.

For investor inquiries:
Brian Schopfer
ir@mirion.com

For media inquiries:
Matthew Maddox
mmaddox@mirion.com

Source: Mirion Technologies, Inc.

Released November 2, 2021