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 […]
Analytical instrument and lab product company executives’ expectations have diminished since last fall, according to the latest IBO Business Climate Survey. This is not a surprise considering updated macroeconomic forecasts. In April, the International Monetary Fund revised its January projections for global growth downward two-tenths of a percentage point to 3.2%. This followed a February […]
Company Announcements Beijing SDL Technology, a Chinese supplier of environmental monitoring and analysis products, acquired a majority share of Kore, a provider of MS systems for the lab, process and surface science markets, in October 2015. In November 2015, Fluidigm purchased patents related to ICP-based mass cytometry from PerkinElmer for $6.5 million. Fluidigm granted PerkinElmer […]
Berwyn, PA 5/4/16; Berwyn, PA 5/4/16—AMETEK announced that CEO Frank S. Hermance has transitioned to executive chairman and David A. Zapico has been elected CEO and to the Board, effective May 5. Most recently, Mr. Zapico served as executive vice president and COO. “I expect the transition of Dave to CEO to be seamless, as […]
Abingdon, UK 4/12/16—Oxford Instruments, a supplier of high-technology systems, has appointed COO Ian Barkshire, PhD, as its new chief executive, effective May 11. He replaces Jonathan Flint, who will remain on the Board until July 2016. “Ian has a track record of almost two decades of leading and building businesses within Oxford Instruments with distinction, […]
Executive compensation tapered in FY2015 due to the lower value of equity awards and a strong FY2014 comparison, in which average total pay jumped double digits (see IBO 5/15/15). Presidents and CEOs For the 17 presidents and CEOs in IBO’s Laboratory Instruments and Products Stock Index (Lab Index), who have served in their respective roles […]
Company Announcements In January, IKA promoted Refika Bilgic to CEO of US-based IKA Works. PerkinElmer acquired Vanadis Diagnostics, a developer of a solution for NIPT based on digital analysis of cell-free DNA. The solution is designed to provide automated testing for routine use by high-throughput biochemistry labs as well as genetic labs. In February, PerkinElmer […]
Palo Alto, CA 3/18/16; Santa Clara, CA 3/20/16; Waltham, MA 3/20/16; Palo Alto, CA 3/21/16; Palo Alto, CA 3/22/16; Waltham, MA 3/22/16; Santa Clara, CA 3/23/16; Santa Clara, CA 3/28/16; Palo Alto, CA 3/28/16; Waltham, MA 3/28/16; Waltham, MA 3/31/16—On March 31, Affymetrix shareholders approved Thermo Fisher Scientific’s offer to acquire the company for $14 […]
Company Announcements For the fiscal half year ending September 2015, Oxford Instruments sales fell 5.8%, down 2.8% organically, to £164.8 million ($253.5 million) (see IBO 11/15/15). Growth was hampered by weak global Industrial Analysis sales within the Industrial Products segment, which fell 7.9% organically. While organic growth for the Nanotechnology Tools segment was marginally lower, […]
Washington, DC 2/28/16; San Diego, CA 3/7/16—Illumina has announced that Chairman and CEO Jay Flatley will move to a new role, executive chairman, effective July 5. Mr. Flatley was named chairman on January 28. He has served as CEO since 1999, when he joined the company. President Francis deSouza has been named president and CEO. […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
