Goettingen, Germany 12/19/14—Lab- and process-technology company Sartorius has agreed to sell its Industrial Technologies Division (Intec) to Japanese Minebea and the Development Bank of Japan. The sales price will be determined by Intec’s operating profit this year, but the parties have agreed on a 7.5 multiple of Intec’s 2014 operating EBITDA. “By selling our Intec […]

Pleasanton, CA 21/19/14; Redwood, CA 12/19/14—Roche has agreed to acquire Bina Technologies for an undisclosed amount. Bina provides a big-data platform for the centralized management and processing of next-generation sequencing (NGS) data for the academic and translational-research markets. The Bina Genomic Management Solution (Bina-GMS) enables the fast and scalable analysis of genomic data. “Informatics and […]

St. Louis, MO 12/5/14; Washington, DC 12/5/14; Darmstadt, Germany 12/5/14; Darmstadt, Germany 12/8/14—Sigma-Aldrich shareholders have approved the company’s acquisition by Merck KGaA for $17 billion (see IBO 9/30/14). Approximately 78% of shareholders approved the proposal. In connection with the purchase, Merck announced the issuance of a €1.5 billion ($1.8 billion = $1 = €0.81) hybrid […]

Lansing, MI 12/8/14—Neogen, which develops and markets products for food and animal safety, has acquired the food-safety and veterinary-genomic assets of Beijing Anapure BioScientific, its Chinese distributor. Financial details were not disclosed. “China’s burgeoning middle class, with its rapidly growing demand for higher quality meat and dairy products, makes the country a substantial growth opportunity […]

Washington, DC 12/15/14; Washington, DC 12/15/14—The SEC and Bruker have announced charges and a settlement in the SEC’s investigation of violations of the Foreign Corrupt Practices Act (FCPA) by the firm (see IBO 8/15/11). The SEC charged the company with violating the FCPA by providing non-business–related travel and improper payments to Chinese government officials. The […]

Frankfurt, Germany 12/2/14; Munich, Germany 12/2/14—Private equity firm One Equity Partners (OEP) has acquired the Duran Group from ADCURAM for an undisclosed amount. Duran manufactures borosilicate glass, which is highly resistant to chemicals and temperature, and is mainly used for laboratory glassware, chemical-process engineering and in-home appliances. The DURAN brand provides premium laboratory glass. Based […]

St. Louis, MO 11/3/14; Washington, DC 11/3/14; Washington, DC 11/25/14—Sigma-Aldrich has announced that it will hold a special stockholder meeting on December 5 to vote on Merck KGaA’s proposed acquisition of the company (see IBO 9/30/14). In addition, Sigma announced an agreement to settle one of three putative class-action suits brought by shareholders against the […]

Oberkochen, Germany 11/13/14—ZEISS has announced that it plans to reduce costs in its Microscopy business, according to a Google translation of a German press release from the company. The aim is to save at least $100 million in the medium term and to increase profitability and competitiveness. Three-quarters of the savings will come from fixed […]

Waltham, MA 11/24/14; Stockholm, Sweden 11/24/14—PerkinElmer has agreed to acquire Perten Instruments from Valedo Partners Fund, the Perten family and key staff of Perten for $266 million. Perten develops and markets instruments, a food-quality-calibration database and ancillary services for advanced QC of food, grain, flour and feed. Based in Stockholm, Sweden, Perten has annual revenues […]