Minneapolis, MN 7/1/16; Minneapolis, MN 7/6/16—Bio-Techne has acquired two companies. On July 6, the company announced the purchase of Advanced Cell Diagnostics (ACD) for $250 million in cash plus an additional $75 million based on attaining certain milestones. ACD provides consumables for genomic analysis for research and diagnostic applications. Its products include the RNAscope RNA […]
Brumath, France & Nottingham, UK 7/5/16—France’s Dominique Dutscher (DD) and the UK’s Scientific Laboratory Supplies (SLS), two independent laboratory product distributors, have announced a merger agreement. Financial details were not disclosed. The new company, the largest independent European distributor of lab products, will have revenues of €180 million ($200 million = €0.90 = $1). The […]
Goettingen, Germany 7/15/16; Broomfield, CO 7/15/16—Sartorius, a supplier of pharmaceutical and lab equipment, has acquired ViroCyt for $16 million. ViroCyt provides automated platforms for virus counting. In 2016, ViroCyt’s sales are expected to grow double digits to more than $3 million, with break even underlying EBITDA anticipated by the end of 2018. “After acquiring the […]
Radnor, PA 7/5/16—Lab product and services provider VWR has acquired PAW BioScience Products for an undisclosed amount. PAW focuses on single-use connectors and components, custom design and assembly, and product distribution for cell culture and purification processes. “VWR bioprocessing customers will now have access to an even broader range of innovative products in our single-use […]
Basel, Switzerland 6/30/16—Pharmaceutical industry supplier Lonza has announced the acquisition of Triangle Research Labs (TRL) from PBM Capital. Financial details were not disclosed. TRL provides fresh and cryopreserved hepatocytes and non-parenchymal cells from multiple species, and supporting media and culture systems. “Integrating this business into its primary cell portfolio lays the basis for new product […]
Goettingen, Germany 6/28/16; Albuquerque, NM 6/28/16—Pharmaceutical and lab equipment supplier Sartorius has acquired IntelliCyt for $90 million in cash, including $5 million in future tax savings. Based in Albuquerque, New Mexico, with 55 employees, IntelliCyt provides cell screening platforms for drug discovery applications. IntelliCyt’s revenues are expected to increase approximately 34% in 2016 to more […]
Santa Clara, CA and Boston, MA 6/27/16—Agilent Technologies has agreed to acquire substantially all the assets of iLab Solutions for an undisclosed amount. Based in Boston, Massachusetts, with close to 70 employees, iLab provides lab management services to universities, research hospitals and independent institutes. iLab offerings consist of web-based core facility management services, such as […]
Birkenfeld, Germany 6/8/16—STRATEC Biomedical, a provider of automated analyzers, has purchased Sony DADC BioSciences from Sony for approximately €30 million ($34 million = €0.88 = $1). Headquartered in Anif, Austria, with 120 employees, Sony DADC BioSciences provides OEM consumables for diagnostics, life sciences and medical technology applications. For the year ending March 31, Sony DADC […]
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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.
