PerkinElmer Acquires C&A Service Solutions Ltd., Strengthening Its OneSource(R) Laboratory Service Offering; Will Drive Laboratory Efficiency and Cost Savings through Single Source for Asset Management and Expert Maintenance Engineering
BOSTON—PerkinElmer, Inc. (NYSE: PKI), a global leader in Health Sciences and Photonics, announced the acquisition of United Kingdom-based Clinical & Analytical Service Solutions Ltd. (C&A), a scientific equipment asset and managed maintenance company serving the pharmaceutical, biotechnology and healthcare markets. C&A, which generated revenues of approximately $7.5 million in 2005, will become an integral part of PerkinElmer’s OneSource(R) service products within its Laboratory Services business. OneSource consolidates all the essential laboratory equipment service needs of laboratories into a single customized solution, helping customers lower costs, dramatically increase service levels, improve productivity, simplify administration and meet the demands of regulatory compliance. Terms of the deal were not disclosed. The acquisition, which leverages the strengths of both companies, enhances PerkinElmer’s ability to meet the needs of the estimated $2.5 billion laboratory equipment aftermarket, according to Robert F. Friel, president of PerkinElmer Life and Analytical Sciences. “We continue to see our customers embrace the OneSource model, which enables them to realize significant cost savings through more focused management of maintenance expense and asset management, while ensuring maximum uptime for their laboratories,” explained Friel. “This strategic acquisition is a logical next step in our continued effort to help scientists keep their focus on their research results while we work on the operational front to maximize productivity, reduce costs and enhance compliance.” Under the OneSource umbrella, managed maintenance experts joining PerkinElmer from C&A will complement PerkinElmer’s technical expertise on a broad spectrum of capabilities for a wide range of equipment platforms. Through C&A’s extensive databases of equipment maintenance solutions and performance histories, OneSource will offer customized managed maintenance solutions tailored to the requirements of each customer.