London, UK 12/8/15; London, UK 12/8/15—Life sciences measurement and testing company LGC has been sold by private equity firm Bridgepoint to investment company KKR for an undisclosed amount. UK-based LGC provides life science testing products and services for a variety of markets, including pharmaceutical, agricultural biotechnology, food, environment, government and academia. LGC posted fiscal 2015 […]
Company Announcements The Boston Business Journal reported in October that EMD Millipore is moving its membrane manufacturing for drug discovery, filtration and research from Bedford, Massachusetts, to Ireland, affecting 75 employees. Johnson Matthey acquired the Pharmorphix solid form research business from Sigma-Aldrich in October. Phenomenex’s PhenoLogix in-house analytical services group opened a 9,000 ft2 dedicated […]
Rockville, MD 10/28/15—OriGene Technologies has acquired Germany-based Acris Antibodies, a supplier of antibodies for research, diagnostics and biopharmaceutical customers, for an undisclosed amount. Acris has 16 employees. OriGene stated that the acquisition will help it meet increasing demand from European distributors and customers.
London, UK 10/28/15—Digital imaging instrument firm Scientific Digital Imaging has acquired Sentek for £2 million ($3 million = £0.65 = $1) in cash. Sentek manufactures and produces electrochemical sensors, including pH and conductivity sensors, for water-based applications. For the year ending October 31, 2015, Sentek recorded revenues of £2.6 million ($4.0 million) and a profit […]
Darmstadt, Germany 11/18/15—On November 18, Merck KGaA finalized its $17 billion acquisition of Sigma-Aldrich (see IBO 9/30/14). Except for SAFC Hitech, which was integrated into Merck’s Performance Materials business, Sigma-Aldrich joined Merck’s Life Science business, which is expected to have combined 2015 pro forma revenues of €4.6 billion ($5.1 billion = €0.90 = $1) to […]
San Diego, CA 11/30/15—Genomics database firm Human Longevity, Inc. (HLI) has purchased Cypher Genomics for an undisclosed amount. Cypher Genomics, which has 14 employees, develops genomic interpretation software, including the Mantis platform for interpretation of genomic sequencing data to uncover clinically significant variants and the Coral biomarker discovery service. “Cypher Genomics has created important automated […]
Pfaffikon, Switzerland 11/20/15; Stockholm, Sweden 11/20/15—Technology firm Oerlikon has agreed to sell its Leybold Vacuum business to industrial tools provider Atlas Copco for CHF 525 million ($515 million = CHF 1.02 = $1) in cash. The business generated annual revenues of CHF 390 million ($415 million = CHF 0.94 = $1) as of June 30 […]
Further consolidation in the life science industry, especially the bioprocessing space, contributed to a third consecutive year with a mega transaction valued at more than $13 billion. Following Thermo Fisher Scientific’s $15.8 billion (including debt) purchase of Life Technologies (see IBO 4/15/13) and Merck KGaA’s $17.0 billion deal for Sigma-Aldrich (see IBO 9/30/14), Danaher acquired […]
Company Announcements Bruker appointed John Ornell, retired CFO of Waters, to its Board in August. Bruker named Dr. René Lenggenhager as president of Bruker BioSpin, effective November 1. He previously served as general manager of Laboratory Weighing at Mettler-Toledo. Fluidigm announced in September the opening of Australia’s first Single-Cell Genomics Centre of Excellence, located at […]
London, UK 10/28/15—Digital imaging instrument firm Scientific Digital Imaging (SDI) has acquired Sentek for £2 million ($3 billion = £0.65 = $1), financed by cash and loans. Sentek manufactures and produces electrochemical sensors, including pH and conductivity sensors, for water-based applications. For the year ending October 31, 2015, Sentek recorded revenues of £2.6 million ($3.0 […]
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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.
