Poissy, France 1/17/07—Environnement SA has acquired the assets of Becker Messtechnik, a developer of instruments for the continuous sampling and monitoring of dioxins. “The acquisition of Becker Messtechnik, which was moreover, one of our suppliers and which we therefore know particularly well, will strengthen our technological expertise in pollutant measuring,” said Environnement SA Chairman François […]
Sunnyvale, CA and Toronto, Canada 1/29/07—MDS has signed a definitive agreement to purchase Molecular Devices for $615 million in cash, or $35.50 per share, a 49% premium over the January 26 trading price. In the first 12 months, the acquisition is expected to add $190 million in revenues and $45–$50 million in EBITDA (earnings before […]
Upland, CA 1/11/07—UVP, a suppler of laboratory imaging systems, was acquired by private equity investment firm Carlisle Enterprises on January 2. “Carlisle’s access to capital markets, their industry knowledge and their operating expertise represent significant support for UVP’s continued growth and development,” stated Leighton Smith, president and CEO of UVP. Carlisle’s previous laboratory-related investments include […]
College, Station, TX 1/22/07—OI Corporation CEO, President and Chairman William W. Botts has been placed on paid administrative leave effective January 21 as the board of directors conducts a voluntary internal review of stock option grants and exercises, and related compensation procedures and accounting matters. Vice President, General Manager and board member Richard W.K. Chapman […]
West Chester, PA, 1/24/07—VWR International has entered into a definitive agreement to distribute select product lines of GE Healthcare Bio-Sciences in North America, effective January 26. GE products to be offered include radiochemicals, film and certain electrophoresis, chromatography and nucleic acid purification products. “In many cases, the convenience VWR adds through logistics and access to […]
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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.
