St. Louis, MO 12/5/14; Washington, DC 12/5/14; Darmstadt, Germany 12/5/14; Darmstadt, Germany 12/8/14—Sigma-Aldrich shareholders have approved the company’s acquisition by Merck KGaA for $17 billion (see IBO 9/30/14). Approximately 78% of shareholders approved the proposal. In connection with the purchase, Merck announced the issuance of a €1.5 billion ($1.8 billion = $1 = €0.81) hybrid […]

Lansing, MI 12/8/14—Neogen, which develops and markets products for food and animal safety, has acquired the food-safety and veterinary-genomic assets of Beijing Anapure BioScientific, its Chinese distributor. Financial details were not disclosed. “China’s burgeoning middle class, with its rapidly growing demand for higher quality meat and dairy products, makes the country a substantial growth opportunity […]

Frankfurt, Germany 12/2/14; Munich, Germany 12/2/14—Private equity firm One Equity Partners (OEP) has acquired the Duran Group from ADCURAM for an undisclosed amount. Duran manufactures borosilicate glass, which is highly resistant to chemicals and temperature, and is mainly used for laboratory glassware, chemical-process engineering and in-home appliances. The DURAN brand provides premium laboratory glass. Based […]

Waltham, MA 11/24/14; Stockholm, Sweden 11/24/14—PerkinElmer has agreed to acquire Perten Instruments from Valedo Partners Fund, the Perten family and key staff of Perten for $266 million. Perten develops and markets instruments, a food-quality-calibration database and ancillary services for advanced QC of food, grain, flour and feed. Based in Stockholm, Sweden, Perten has annual revenues […]

Santa Clara, CA 11/3/14; Santa Clara, 11/20/14—Agilent Technologies has announced that beginning with the current quarter, the first quarter of its fiscal year 2015, it will report in three new divisions: the Life Sciences and Applied Markets Group (LSAG), the Diagnostics and Genomics Group (DGG), and the Agilent CrossLab Group (see IBO 9/30/14). “The organization […]

Company Announcements As part of its 2014–17 medium-term management plan, Takara Bio announced fiscal 2017 sales targets for its Research Reagents business of ¥18,708 million ($184 million) and ¥2,681 million ($26 million) for its Scientific Instruments business to make up 74% and 11% of Bioindustry segment sales, respectively. GTCR completed its acquisition of Cole-Parmer (see […]

Holliston, MA 10/1/14—Life sciences firm Harvard Bioscience has purchased German firm Multi Channel Systems MCS, a supplier of instruments for extracellular recording and stimulation, for €7.5 million ($9.5 million = €0.79 = $1) in cash. It also bought US-based Triangle BioSystems (TBSI), a provider of wireless neural-interface equipment for in vivo– neuroscience research, for $1.6 […]

Radnor, PA 11/7/14—VWR has acquired Integra Companies and STI Components for an undisclosed amount. Integra Companies supplies single-use connectivity solutions, including tubing, hoses and gaskets for high-purity environments to the biopharmaceutical, food-processing and microelectronic industries in the Northeast US. STI Components provides high-purity fluid-handling components and custom-engineered solutions for the biopharmaceutical, food-processing and microelectronic industries […]

Minneapolis, MN 11/4/14—Life science tools firm Bio-Techne has agreed to acquire CyVek for $60 million in cash, in addition to a potential earn-out payment of up to $35 million and an additional potential earn-out of up to $100 million. The acquisition’s closing follows CyVek’s fulfillment of certain milestones (see IBO 4/15/14). Based in Connecticut with […]