Venlo, the Netherlands 5/19/16; Venlo, the Netherlands 6/8/16; Copenhagen, Denmark 6/8/16—For a third time, QIAGEN has extended its offer to acquire the outstanding shares of publicly held Exiqon (see IBO 3/31/16). The offer period has been extended to June 22, following previous deadlines of May 18 and June 2. On June 8, QIAGEN lowered the […]
London, UK 6/3/16; London, UK 6/9/16—Continental Investment Partners and Harwood Capital (the offerors) disclosed in a public filing that they are evaluating making an offer worth £62.9 million ($ 91.2 million = £0.69 = $1) for publicly held Source BioScience. Source BioScience consists of two divisions: Laboratory Services (Diagnostics, DNA Sequencing and Genomics, Analytical and […]
Skokie, IL 6/2/16; Skokie, IL 6/10/16—Integrated DNA Technologies (IDT), a provider of custom nucleic acids, has purchased two companies for undisclosed amounts. Earlier in the month, IDT purchased MBiotech, a South Korean company that has distributed IDT products for over 10 years. MBiotech also distributes other companies’ products, which it will continue to do. “MBiotech’s […]
Radnor, PA 6/2/16—Lab product, service and solutions company VWR has acquired Netherlands-based JM Separations, a provider of single-use fluid handling and separation technology, including single-use bag systems, and custom solutions for media/buffer preparation, cell harvesting, and for clarification, concentration and chromatographic processes. Financial details were not disclosed.“The acquisition will broaden VWR’s single-use product and service […]
Richmond, VA 6/9/16; New York, NY 5/13/16—Health care services and information technology firm McKesson has purchased LABSCO from Frazier Healthcare Partners for an undisclosed amount. The purchase was completed on May 13. A distributor of capital equipment and private label products, LABSCO provides lab solutions to community hospitals, large doctors’ offices and specialty regional labs. […]
London, UK 5/23/16; Stansted, UK 5/23/16; London, UK 5/25/16—Publicly held Elektron Technology, a supplier of engineered products for companies that connect, monitor and control, has sold its Agar Scientific business to management and private equity group Foresight Group for £2.3 million ($3.4 million = £0.68 = $1) in cash. Foresight Group invested £1.9 million ($2.8 […]
New York, NY 5/16/16—Enzo Life Sciences, a subsidiary of Enzo Biochem, will receive a $35 million payment as part of a settlement with Thermo Fisher Scientific (formerly Life Technologies) in its suit alleging infringement of US Patents Nos. 6,992,180 (Oligo- or Polynucleotides Comprising Phosphate Moiety Labeled Nucleotides) and 7,064,197 (System, Array and Non-Porous Solid Support […]
Columbia, MD 5/24/16—W. R. Grace has exited the majority of its lab LC media and columns businesses, retaining its VYDAC and DAVISIL media for process chromatography, Syloid FP excipients for drug formulations, and custom manufacturing of regulatory starting materials and intermediates. Hichrom will exclusively distribute VYDAC HPLC columns and has also acquired several Grace HPLC […]
Waltham, MA and Hillsboro, OR 5/27/16—Thermo Fisher Scientific has made an offer to acquire publicly held FEI for $107.50 per share, or $4.2 billion (excluding $400 million of FEI cash) in cash and debt. This is a 13.7% premium over the closing price on May 26. A designer and manufacturer of high-performance electron microscopes, FEI […]
Madrid, Spain and Heidelberg, Germany 5/9/16—SYGNIS, a publicly held provider of products for DNA sample enrichment and nucleic acid analysis, has agreed to acquire Expedeon through a majority share offering and €1.7 million ($1.9 million = €0.88 = $1) in cash. UK-based Expedeon develops, manufactures and sells proteomics reagents. The companies’ combined 2016 revenues are […]
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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.

