Broad Based Companies
Company Announcements
Revenues from AMETEK’s Ultraprecise Measurement and Analysis businesses grew to more than $400 million in 2007.
Revenues in 2007 for Spectris’s Materials Analysis segment, which consists of PANanalytical, Malvern Instruments and Particle Measuring Systems, increased 4%, 8% in constant currencies, to £213.8 million ($427.6 million), and operating profit rose 15% to £34.8 million ($69.6 million) (see IBO 2/29/08). Sales to the metals, minerals and mining industries accounted for 33% of segment sales, pharmaceuticals and life science represented 22%, R&D applications accounted for 17%, and semiconductors and electronics represented 10%. Europe, Asia and North America accounted for 35%, 34% and 23% of segment sales, respectively.
Millipore announced plans to open an applications and training facility in Singapore in early 2009 to support biopharmaceutical manufacturing.
In March, Millipore partnered with Solabia to exclusively distribute animal-free hydrolysates for cell culture media applications in the Americas, European Economic Community and Asia-Pacific.
Sartorius AG’s 2007 pro forma sales rose 3.3%, 5.9% on a currency-adjusted basis, to €622.7 million ($853.0 million) (see IBO 2/29/08). The Biotechnology Division’s pro forma sales grew 2.8%, 5.6% on a currency-adjusted basis, to €375.9 million ($514.9 million). The Mechatronics Division’s sales rose 4.1%, 6.4% on a currency-adjusted basis, to €246.8 million ($338.1 million). Currency-adjusted sales for the Divisions this year are expected to grow over 12.0% and over 5.0%, respectively.
MDS Analytical Technologies’s first-quarter sales rose 119% to $116 million (see IBO 3/15/08). Sciex sales were $60 million, as mass spectrometry end-user revenue increased 5%. Molecular Devices contributed $56 million.
OI nominated John K.H. Linnartz, a managing member of Mustang Capital Management, for its Board in March, reducing the size of the Board by one member.
In March, PerkinElmer opened a Center of Excellence in Singapore, which will manufacture atomic absorption and UV/Visible instruments.
PerkinElmer will exclusively market Cerep SA’s target screening and profiling services to its customers and the companies will jointly promote PerkinElmer’s assay technology and Cerep’s services.
Pall opened its first Technical Innovation Center, Pall Filter, in Shanghai, China, in March.
Halma appointed Adam Meyers, divisional chief executive responsible for the Fluid Technology Division, to its Board, effective July 31.
Product Introductions
In April, Thermo Fisher Scientific announced the introduction of its first Chinese-language catalog targeted specifically to markets in China.