Mikkeli, Finland 6/1/15 and Helsinki, Finland 6/1/15—Private equity firm VersoVentures has acquired Environics, a supplier of industrial gas detection as well as chemical, biological, radiological and nuclear monitoring solutions, for an undisclosed amount. ”The gas detection market is estimated to grow, driven by increased demands in personnel safety, environmental protection and process efficiency,” commented Anssi […]
Wellesley, MA and Tucson, AZ 6/18/15—Ampersand Capital Partners has acquired Protein Technologies, a provider of peptide synthesis instrumentation, for an undisclosed amount. “Protein Technologies is the recognized leader in a segment of the life sciences instrument market that is experiencing strong demand based on worldwide research interest in novel, peptide-based therapies,” said David Parker, general […]
Woburn, MA 6/16/15—HighRes Biosolutions announced the purchase of a majority stake of the company by Axel Johnson, a privately owned investment company, for an undisclosed amount. “HighRes is expecting to double its bookings from last year, and we are on the verge of introducing some of the most exciting new products in our history,” stated […]
Waltham, MA 4/30/15—PerkinElmer has purchased Torion Technologies, a supplier of portable GC/MS systems for analyzing chemical and biological threats, contaminants and pollutants. The company stated, “This acquisition expands PerkinElmer’s offerings to include dedicated, small-footprint analyzers for laboratory use and mobile systems for field analyses.” The acquisition closed April 30, 2015.
Waltham, MA 6/25/15; London, UK 6/25/15-—Thermo Fisher Scientific has agreed to acquire Alfa Aesar, the Research Chemicals business of Johnson Matthey, for £256 million ($400 million = £0.64 = $1) in cash. In fiscal 2015 ending March 31, the business had sales, excluding the value of precious metals, of £77 million ($124 million = £0.62 […]
Milford, MA 6/25/15—Waters has appointed Christopher J. O’Connell as president, CEO and a member of the Board, effective September 2015. Most recently, he served as president of the Restorative Therapies Group at Medtronic. Current CEO Douglas A. Berthiaume will continue to serve as chairman. “From the outset, Waters’s Board of Directors focused on identifying a […]
As the importance of the Chinese market has grown, so have foreign companies’ R&D efforts in the country. According to a survey of 477 US companies conducted by the American Chamber of Commerce in the People’s Republic of China (AmCham) and Bain & Company in February, 46% of the companies classified as R&D Intensive Industries […]
Productivity growth for instrument and laboratory product companies decelerated in fiscal year 2014 (FY14) due to the negative currency impact on revenue growth for most US companies, varied market demand and increased investments in personnel. With half of the companies recording productivity gains, the average sales-per-employee ratio for the 20 companies in the table on […]
Lansing, MI 6/1/15—Neogen has announced the acquisition of the assets of Sterling Test House, a food testing lab based in southwest India with 40 employees. Financial details were not disclosed. “Much as we did in China, this acquisition is intended to bolster our long-term strategy of accelerating our revenue growth in critical global food safety […]
Minneapolis, MN 6/5/15—Bio-Techne has agreed to acquire Cliniqa, a manufacturer of quality controls, calibrators and bulk reagents for the clinical diagnostic market, with a primary focus on blood chemistry. Financial details were not disclosed. Cliniqa has 75 employees. “I am very pleased with this acquisition as it strengthens not only our Clinical Controls product portfolio, […]
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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.
