Leica Microsystems acquires Coretech Holdings/McCornick Scientific
Wetzlar, Germany / St. Louis, MO, USA. Leica Microsystems announced that on May 14, 2008,
it acquired the assets of St. Louis, Missouri-based Coretech Holdings and McCormick
Scientific, LLC (Coretech), expanding its leading position in histopathology.
Coretech provides an extensive range of systems, instruments, reagents and consumables
for the clinical and research histology laboratory. Coretech is comprised of a suite of
strong brands including: McCormick Scientific, The Vibratome® Company, Paraplast® embedding
media, TurbOflow II® histology cassettes and myNeuroLab.com.
Coretech becomes a business unit within the Biosystems Division, and will be renamed
Leica Biosystems St. Louis, LLC.
Said Doug Martin, formerly CEO of Coretech Holdings, LLC and now Vice President & General
Manager of Leica Biosystems St. Louis, LLC, “The synergies created by combining the
Coretech products and team with those of Leica Microsystems are considerable. Both companies
will quickly leverage an improved product offering for our customers and expand our ability
to service the needs of our customers.”
“With this acquisition, Leica Microsystems continues to broaden and strengthen the product
line we offer our customers. The benefit to customers is that they now have a single partner
to come to for all their histology equipment, reagent and consumable needs. Having internal
research and development, as well as manufacturing capabilities for the instrument and their
associated reagents and consumables allows us to better optimize the entire system, leading
to higher quality and more consistent results for our customers,” says Anne De Greef-Safft,
President of Leica Microsystems’ Biosystems Division.
Leica Microsystems is a leading global designer and producer of innovative, high-tech,
precision optical systems for the analysis of microstructures. It is one of the market leaders
in each of its business areas: Microscopy, Confocal Laser Scanning Microscopy with corresponding
Imaging Systems, Specimen Preparation, and Medical Equipment. The company manufactures a broad
range of products for numerous applications requiring microscopic imaging, measurement, and
analysis. It also offers system solutions for life science including biotechnology and medicine,
research and development of raw materials, and industrial quality assurance. The company is
represented in over 100 countries with 9 manufacturing facilities in 7 countries, sales and
service organizations in 19 countries and an international network of dealers. The international
management is headquartered in Wetzlar, Germany.