Frankfurt, Germany 9/12/16; Duesseldorf, Germany 9/12/16–Gerresheimer and Chase Scientific Glass have announced plans to sell their Kimble Chase to Duran for $131 million. Kimble Chase provides lab and scientific glassware, including reusable glassware, and disposable and specialty products. In 2015, Kimble Chase posted revenues of €100.7 million ($111.9 million = €0.90 = $1). Sales declined […]
New Castle, DE 9/12/16–Waters’ subsidiary TA Instruments, a provider of analytical instruments for thermal analysis, rheology and microcalorimetry, has announced the acquisition of Rubotherm, which develops and manufactures systems for thermogravimetric and sorption measurements. “Rubotherm brings a great new technology and capability to TA in the form of their patented magnetic suspension balance,” stated TA […]
New York, NY 9/7/16; Valencia, Spain 9/7/16–Bruker has agreed to acquire the preclinical imaging business, including employees, of Oncovision, a medical imaging device firm, for an undisclosed amount. For five years, Bruker and Oncovision have exclusively marketed the Albira PET/SPECT/CT systems. Together, they have also developed the preclinical 3 T Silicon photomultiplier PET/RI system.”The unique, […]
Munich, Germany 9/1/16–Gardner Denver, a provider of flow control machinery, has acquired Innovative Labor Systeme (ILS) and Zinsser Analytic (ZA) from Werner Zinsser and Christel Zinsser for an undisclosed amount. ILS suppliers glass syringes for lab equipment manufacturers, lab and consumables distributors. ZA provides customized automated fluid and powder handling systems as well as consumables […]
New York, NY 8/18/16; Los Angeles, CA 8/18/16—Quoting a report on StreetInsider.com from an anonymous source, Bloomberg wrote earlier this month that Illumina received an acquisition offer from Thermo Fisher Scientific valued at $30 billion in stock. However, interviewed by Investors Business Daily, analysts Doug Schenkel of Cowen and Wells Fargo’s Tim Evans told the […]
Männedorf, Switzerland 8/31/16—Tecan has acquired SPEware, a US-based provider of MS sample preparation solutions, for $50 million in cash and an earn-out consideration of up to $10 million. The price values SPEware at approximately 3x fiscal 2016 sales, and the company’s EBITDA margin is higher than Tecan’s. “With SPEware’s current focus on North America, we […]
Uppsala, Sweden 8/31/16—Separations technologies firm Biotage has made a DKK 15 million ($2.2 million = DKK 6.67 = $1) investment in Chreto Aps, acquiring a 22% stake in the company, with an option to acquire all outstanding shares until December 31, 2018, for DKK 600 ($90) per share. Chreto Aps is a developer of single-use […]
New York, NY 8/18/16; Los Angeles, CA 8/18/16—Quoting a report on StreetInsider.com from an anonymous source, Bloomberg wrote earlier this month that Illumina received an acquisition offer from Thermo Fisher Scientific valued at $30 billion in stock. However, interviewed by Investors Business Daily, analysts Doug Schenkel of Cowen and Wells Fargo’s Tim Evans told the […]
Austin, TX 8/25/16; Buckinghamshire, UK 8/25/16—Filtration Group, a Madison Industries affiliate and provider of filtration solutions, has entered into an agreement to acquire Essentra’s Porous Technologies business for £220 million ($289 million= £0.76 = $1). Among Porous Technologies’ offerings are products for disease detection and prevention, lab testing and genetic analysis. “As a developer and […]
San Francisco, CA and Paris, France 7/1/16—Publicly held Areva, a supplier of products for nuclear energy, has completed the previously announced sale of its Canberra nuclear instrumentation and measurement business to Mirion Technologies, a provider of radiation detection, measurement and monitoring products (see IBO 2/15/16). “We are excited by the combination of Mirion and Canberra, […]
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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.
