Company Announcements

Sartorius 2015 sales grew 25.1%, 16.0% organically, to €1.1 billion ($1.2 billion) (see IBO 4/15/16). Adjusted operating profit grew 52.5% to €204.9 million ($227.7 million). Lab Products & Services (LPS) revenue increased 5.0% excluding currency to €305.5 million ($339.5 million), with sales in Asia Pacific, EMEA and the Americas up 11.4%, 2.9% and 1.8% in constant currency to make up 29%, 51% and 20%, respectively. Consumables and services accounted for 40% of LPS revenue. In 2016, total sales in constant currency are expected to increase 10%–14%, with LPS sales up 3%–7%. The company is aiming for €2 billion ($2.2 billion) in revenue in constant currency by 2020.

Hitachi High-Technologies will establish Hitachi High-Tech Kyushu in September to upgrade and expand its production capabilities for clinical analyzers and biotechnology instruments.

In March, Eppendorf India opened a 46,000 ft2 facility in Chennai, India, which includes a pipette calibration facility, lab and training facility, and warehouse.

BioMérieux’s 2015 Industrial Applications sales grew 11.0%, 4.4% in constant currency, to €362.8 million ($403.1 million) to make up 18% of company sales.

PerkinElmer is collaborating with Johnson & Johnson Innovation to provide JLABS@TMC in Houston, a new life science incubator at the Texas Medical Center’s Innovation Institute, with instruments and lab services.

Xylem named Mark Rajkowski senior vice president and CFO in March. Most recently, he served as a strategic advisor to WestRock.

In March, Addtech spun off and listed its AddLife business, whose Labtech business provides lab equipment and reagents, on the NASDAQ Stockholm exchange.

FOSS revenues rose 16.6%, 12.1% organically, to €269.4 million ($299.3 million) (see IBO 3/31/16). The company highlighted growth in North America, China and Europe.

FOSS promoted COO Kim Vejlby Hansen to CEO, effective March 16.

Judges Scientific 2015 revenues increased 38.5% to £86.4 million ($62.4 million), including 4.9% organic sales growth. Adjusted operating profit rose 31.9% to £9.3 million ($10.3 million). Materials Science sales nearly doubled due to the acquisition of Armfield. Vacuum revenue grew 6.6% to £27.9 million ($42.9 million).

Endress+Hauser completed in March its takeover of Analytik Jena (see IBO 9/30/13).

Sirius Analytical promoted Paul Whittles, director of Sales and Marketing, to managing director.

Illumina announced in April a commitment to invest $100 million in a new venture capital firm, Illumina Ventures, established by Nicholas Naclerio, PhD, former senior vice president, Corporate and Venture Development, at Illumina. Investments will be made in early stage companies pioneering new applications of nucleic acid sequencing, developing products that will expand the genomics ecosystem and utilizing genomics to improve human health.