West Chester, PA 11/6/07—VWR International has purchased Omnilabo BV, a Netherlands-based distributor of laboratory products, from private equity firm Nimbus. Founded in 1979, Omnilabo has 42 employees based in the Netherlands and Belgium. “The acquisition of Omnilabo is a great fit with our Dutch and European distribution operations,” said Manuel Brocke-Benz, senior vice president and […]
Columbus, OH 11/1/07—Mettler-Toledo has announced that CEO Robert F. Spoerry will retire effective January 1, 2008, and has named Olivier Filliol as CEO and president. Mr. Filliol currently runs the company’s Global Sales, Service and Marketing operations, its Chinese operations and is division head of the Process Analytics business. Mr. Speorry will become executive chairman.
Santa Clara, CA 11/7/07—Agilent Technologies has definitively agreed to purchase Velocity11, a provider of liquid handling and laboratory robotics for the life science market. Financial terms were not disclosed. “Velocity11 is a market leader in lab automation with a solid reputation for innovative technology, quality products and superb customer service,” commented Nick Roelofs, vice president […]
Palo Alto, CA 11/5/07—Varian has acquired Analogix, a developer of flash chromatography instruments and consumables, for $11 million in cash, plus assumed net debt. Future price payments could total $4 million over three years depending on milestones and financial performance. “The acquisition of Analogix is strategic to the advancement of Varian’s goal to grow applications-based […]
Santa Clara, CA 10/24/07; San Diego, CA 10/125/07—Affymetrix announced that it has filed new patent lawsuits against Illumina in the US, the UK and Germany, alleging infringement of eight patents. Three of the US patents (Patent Nos. 5,902,723, 6,403,320, and 6,576,424) and the three EU Patents (Patent Nos. 0834575, 0853679 and 0799897) relate to Illumina’s […]
Portland, OR 10/25/07; Waltham, MA 10/25/07—FLIR Systems, a provider of thermal imaging and stabilized camera systems, has agreed to purchase test and measurement firm Extech for $40 million in cash. Extech supplies products for measurements of light, sound, temperature, humidity, air flow and water quality. Extech had 2006 revenues of $39.2 million. FLIR stated that […]
Northbrook, IL 10/18/07—IDEX has purchased Isolation Technologies, a developer of advanced HPLC column hardware and accessories, for just under $30 million in cash. Based in Hopedale, Massachusetts, Isolation Technologies has annual revenues of around $11 million. The company will join Isolation Technologies’ Sapphire Engineering business within IDEX’s Health and Science Technologies segment and is expected […]
Johannesburg, South Africa 10/26/07; London, UK 10/26/07—Industrial conglomerate Barloworld has sold its Scientific Laboratory Group to Nova Capital Management for £75 million ($153.7 million). The Scientific Laboratory Group consists of five product lines: Pyrex lab glassware, Sterilin and Azlon lab plasticware, Stuart temperature control and motion equipment, Techne temperature control and calibration equipment, and Jenway […]
Amsterdam, The Netherlands 10/22/07—Avantium will list on the Euronext Amsterdam stock exchange by the end of the year. Avantium provides catalysis and crystallization research services and products utilizing high-throughput chemical experimentation. The company is also developing biofuels, biobased products and novel crystal forms of drugs. In 2006, Avantium’s revenues increased 40% to €13.5 million ($16.9 […]
Waltham, MA 10/3/07; New York, NY 10/3/07; 10/9/07—On October 3, the company announced the acquisition of Priority Solutions International from majority owner Arsenal Capital Partners for an undisclosed sum. Priority Solutions International provides third-party logistics to the pharmaceutical and healthcare industries and had 2006 revenues of around $95 million. “This acquisition brings tremendous logistics expertise […]
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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.
