Holliston, MA 1/8/15—Harvard Bioscience has acquired German firm HEKA Elektronik for $6 million in cash. HEKA develops patch-clamp amplifier instruments for biomedical-research applications. The acquisition is expected to add $4–$5 million to Harvard Bioscience’s 2015 revenues and to be accretive to 2015 earnings. “The acquisition of HEKA builds on our acquisitions of Multi Channel Systems […]
La Chapelle-sur-Erdre, France 1/22/15—BioMérieux has acquired CEERAM (the European Centre for Expertise and Research on Microbial Agencies), a molecular-virology lab specializing in the detection of foodborne and environmental viruses. CEERAM offers services as well as molecular virus-detection kits. BioMérieux stated that the acquisition expands its food-testing portfolio, which includes the easyMAG and miniMAG DNA and […]
Cambridge, UK 1/21/15; 1/23/15—Life science research–tool provider Abcam has acquired Firefly Bioworks for $28 million in cash. Firefly’s multiplex assay platform detects biomarkers. Its first product is designed to detect miRNAs. “The acquisition of Firefly represents a compelling strategic fit for Abcam, expanding our Kits and Assays business into the new areas where life science […]
Merck KGaA and Sigma-Aldrich Consolidation continued in the lab-products market, as less than a year after Thermo Fisher Scientific’s purchase of Life Technologies (see IBO 2/15/14), Merck KGaA announced a $17 billion deal to buy Sigma-Aldrich (see IBO 9/30/14). The deal highlights the importance of scale and diversification and transforms Merck/EMD Millipore into a major […]
Cambridge, UK and Vienna, Austria 1/8/15—Horizon Discovery has agreed to acquire Haplogen Genomics for £6.0 million ($9.1 million = £0.66 = $1) in cash and stock, and potential earn-out payments. Haplogen’s high-throughput platform generates genetically defined human cell lines at a lower cost by using haploid cells. In 2014, Haplogen generated €688,000 ($917,000 = €0.75 […]
Shanghai, China 1/9/15—WuXi PharmaTech, a provider of lab and manufacturing services for drug and medical-device R&D, has acquired NextCODE Health for $65 million in cash. NextCODE provides a genome sequence–analysis platform for clinicians and researchers, including access to the largest clinical-genetics–reference database, creating a system developed at population scale, according to WuXi. “This new venture […]
Hilden, Germany and Beverly, MA 1/11/15—QIAGEN has acquired Enzymatics’ Enzyme Solutions Unit for an undisclosed amount. The Unit develops, manufactures and is an OEM supplier of enzymes for genetic-analysis technologies, including NGS. The acquisition is expected to add $20 million of incremental net sales in 2015 and be accretive by $0.01 to adjusted diluted EPS. […]
St. Louis, MO 12/22/14—Emerson has acquired Cascade Technologies, a Scotland-based manufacturer of gas analyzers and monitoring systems using quantum cascade laser (QCL) technology, which can measure multiple gases simultaneously. “The acquisition of Cascade Technologies is an exciting step as we further strengthen our gas-analysis portfolio,” commented Tom Moser, Group vice president of Emerson Process Management’s […]
Goettingen, Germany 12/19/14—Lab- and process-technology company Sartorius has agreed to sell its Industrial Technologies Division (Intec) to Japanese Minebea and the Development Bank of Japan. The sales price will be determined by Intec’s operating profit this year, but the parties have agreed on a 7.5 multiple of Intec’s 2014 operating EBITDA. “By selling our Intec […]
Pleasanton, CA 21/19/14; Redwood, CA 12/19/14—Roche has agreed to acquire Bina Technologies for an undisclosed amount. Bina provides a big-data platform for the centralized management and processing of next-generation sequencing (NGS) data for the academic and translational-research markets. The Bina Genomic Management Solution (Bina-GMS) enables the fast and scalable analysis of genomic data. “Informatics and […]
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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.
