Stone, UK 12/13/16; Stone, UK 11/30/16—According to Bibby Scientific’s website, the lab equipment supplier has been acquired by Cole Parmer, a manufacturer and distributor of lab and industrial fluid handling products, instrumentation, equipment and supplies. Bibby Scientific announced on its website that it will change its name to Cole Parmer in January 2017. Nova Capital Management, Bibby Scientific’s former owner (see IBO 10/31/07), stated on its website that it has divested the business. Bibby Scientific also announced on its website that Cole Parmer has acquired Argos Technologies, a US-based supplier of lab equipment.

Neither Cole Parmer’s owner, private equity firm GTCR, nor Nova Capital could be reached for comment. The purchases are a further investment by Cole Parmer’s new owner into the lab products market. The purchase of Bibby Scientific adds to Cole Parmer’s international presence.