Hopkinton, MA 10/12/10—Caliper Life Sciences announced that it has renewed its supply agreement with Agilent Technologies for microfluidic chips. Caliper will be Agilent’s exclusive supplier for seven years. “Agilent represents our largest OEM customer and accounted for over 15% of our total microfluidics business in 2009,” said Caliper President and CEO Kevin Hrusovsky. “We expect […]
Kalispell, MT 10/5/10—Applied Instruments Technologies (AIT) has been acquired from Hamilton Sundstrand by the Thompson Group of Companies for an undisclosed amount. AIT is a manufacturer and marketer of process analytical instruments, including the Analect FTIR, MGA MS and FXi GC systems. “The opportunity to organize AIT as a standalone company will allow us to […]
Singapore and Hong Kong, 9/30/10—Lab product manufacturer and distributor Techcomp has announced that it plans to expand its presence in the Chinese health care market. The company will introduce new diagnostic products, including a CE-marked microplate reader and automatic immunoassay system. In addition, Techcomp will establish a new division in its sales channel for the […]
Stockholm, Sweden 9/24/10; Stockholm, Sweden 9/29/10—Valedo, a Swedish private equity fund, has acquired a majority stake in Perten Instruments AB for an undisclosed amount. Minority owners include Perten management, the Board and Jan Perten, former co-owner. Perten Instruments supplies instruments for analysis and quality control of food, grain, flour and feed, including NIR analyzers and […]
San Jose, CA 9/20/10—Publicly held RAE Systems has agreed to be acquired by Battery Ventures, a multistage investment firm. Battery Ventures will pay $1.60 per share, which is a 53.8% premium over RAE Systems’ closing stock price on September 17. RAE Systems provides gas detection systems for real time safety and security threat detection. “RAE […]
Copenhagen, Denmark 8/23/10—FOSS A/S has increased its holdings in Ibsen Photonics from 12.5% to 85%. Ibsen Photonics provides holographic, fused silica transmission gratings and spectrometer modules for a wide range of telecom, analytical, sensing and laser markets. “We have worked with Ibsen for some years now and have found their spectrometer solutions to be second […]
West Chester, PA 9/2/10—VWR International has announced the acquisition of LABART SP. ZOO, a distributor of scientific laboratory supplies that is headquartered in Gdansk, Poland. Founded in 1996, LABART provides lab equipment and consumables to the industrial, pharmaceutical, tertiary scientific education and public sectors.
Glenview, IL 9/2/10; London, UK 9/3/10—Private equity firm 3i has agreed to sell Panreac, a Spanish manufacturer and supplier of chemicals for lab research and production, to industrial conglomerate Illinois Tool Works (ITW). Panreac’s portfolio is comprised of 12,000 products, including reagents, high-purity solvents for HPLC, and fine chemicals. Based in Barcelona, the company has […]
White Plains, NY and College Station, TX 9/14/10—ITT, a high technology engineering and manufacturing company, has entered into a definite agreement to acquire OI Corporation for $29 million. ITT will purchase all outstanding shares of OI for $12 per share, a 42.9% premium to OI’s closing price on September 13. OI provides total organic carbon […]
With the pickup in global merger and acquisitions activity this year, certain segments of the lab products market have gained new attention. Specifically, two companies providing specialty chemicals for lab research, such as reagents, buffers, acids and HPLC solvents, have attracted new owners, which hope to capitalize on specialty applications, geographic expansion and the increase […]
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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.

