Danaher has done it again, announcing a major acquisition in the lab products market that will reshape the market. On May 11, the company unveiled its $13.8 billion planned acquisition of Pall to be followed next year by the spin off of Danaher’s more industrial companies into a separately traded public company (see page 2). […]
Company Announcements In 2014, sales for Modern Water’s Monitoring Division fell 22.9% to £2.7 million ($4.4 million) to make up 98% of revenues due largely to slower Chinese sales. The firm’s adjusted operating loss widened 5.0% to £5.1 million ($8.4 million). In March, Tintometer acquired UK-based Droptestkits.com, trading as DTK Water, a manufacturer and supplier […]
Radnor, PA 5/5/15—VWR has acquired Hichrom, a manufacturer and distributor of HPLC columns and consumables, for an undisclosed amount. “Known for its quality, excellence and technical expertise, Hichrom is an investment that will help expand our portfolio and manufacturing capabilities to a specialized and growing industry,” commented Peter Schuele, senior vice president and president, EMEA […]
Santa Clara, CA and Boston, MA 5/4/15—Agilent Technologies has agreed to acquire Cartagenia, a provider of software and services for clinical genetics and molecular pathology labs. Financial terms were not disclosed.”Together, Agilent and Cartagenia can help remove bottlenecks inherent in analysis, interpretation and reporting clinical data, resulting in faster answers for patients,” stated Jacob Thaysen, […]
Washington, DC 5/13/15; Washington, DC 5/13/15; Port Washington, NY 5/13/15—Science and technology company Danaher has announced the intended acquisition of Pall and the subsequent division of Danaher into two companies. Danaher has agreed to acquire Pall, a provider of filtration, separation and purification solutions, for $127.20 per share in cash, or $13.8 billion, including assumed […]
Orpington, UK 4/21/15; London, UK 4/22/15—Private equity firm Foresight and company management have acquired Specac, a supplier of spectroscopic accessories, from Smiths for £2.8 million ($4.2 million = £0.67 = $1). Specac revenues have grown 35% in the last four years, with 80% of sales outside the UK. Products include the Quest ATR diamond and […]
Pittsburgh, PA 4/15/15—Cianflone Scientific Instruments, a manufacturer of lab and portable x-ray spectrometry instruments for on-site chemical analysis and coating thickness measurements, has been acquired by Main Line Equity Partners. The purchase price was not disclosed. “This acquisition presents an opportunity for us to help Cianflone further capitalize on existing business today, while also serving […]
Germantown, MD and Hilden, Germany 3/16/15; Cambridge, MA 3/16/15—QIAGEN has acquired certain technology and other assets from AdnaGen, a subsidiary of Alere, including the CE-IVD marked products AdnaTest Breast Cancer and AdnaTest Prostate Cancer. Terms were not disclosed. The technology enables enrichment and molecular analysis of circulating tumor cells from blood samples. QIAGEN will exclusively […]
Aubagne, France 4/17/15; Glasgow, UK 4/17/15—Biopharmaceutical industry provider Sartorius Stedim Biotech has acquired BioOutsource for an undisclosed amount. BioOutsource provides contract testing services for monitoring the safety and quality of biologic drugs and vaccines, specializing in services for biosimilars. Based in Glasgow, Scotland, BioOutsource’s 12-month revenues totaled around €9 million ($12 million = €0.75 = […]
Company Announcements In January, Shimadzu opened a subsidiary in Malaysia with 44 employees. The company also plans to establish a manufacturing facility for Analytical and Measuring Instruments and an applications lab at the location. The new plant is expected to begin operation in December 2016. Local distributors will still be utilized for XRF spectrometers, optical […]
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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.
