PerkinElmer Exploring Alternatives for Fluid Sciences Unit
Boston, MA – PerkinElmer has announced that it has put its Fluid Sciences Business under strategic review and is considering a sale of the unit. The Boston, MA – Fluid Sciences Unit sells sealing products and technologies for fluid containment to the aerospace, semiconductor and power generation industries. In 2000, the division recorded revenue of $252 million. Perkin Elmer stated the review was part of the second phase of its portfolio evaluation, which will focus the company on the higher growth Life Sciences, Optoelectronics, and Analytical Instruments divisions. The first phase was the sale of EG&G’s government contracting business.