Corning to Acquire Plaslab S.A.S.

Acquisition to add sampling, testing, and analysis consumables to its life sciences product portfolio

16-Aug-2010 - USA

Corning Incorporated announced that it has reached an agreement with the shareholders of Plaslab S.A.S. to acquire all outstanding shares of the company. Assuming certain closing conditions are met, the acquisition is expected to be completed in the fourth quarter of 2010.

Plaslab is a French simplified joint stock company and the holding company of Plastiques Gosselin S.A.S. Headquartered in Borre, France, Plastiques Gosselin is a manufacturer and distributor of high-quality plastic consumable labware in Europe. Plastiques Gosselin would be integrated into Corning's Life Sciences segment.

By providing customers outside Europe with greater access to Plastiques Gosselin's product portfolio, this acquisition would support Corning's ongoing commitment to supply its customers with a comprehensive line of laboratory research tools. Plastiques Gosselin's wide array of sampling, testing, and analysis products (including Petri dishes, bottles, containers, tubes, bags, and accessories) are complementary to the general labware, cell culture, lab equipment, and HTS/Assay products offered today by Corning. In addition, the acquisition would enable Corning to continue to improve its strategic balance by strengthening its Life Sciences segment.

Jean Gosselin, president and CEO, Plaslab S.A.S. and Plastiques Gosselin, would remain with the business in a similar capacity.

Other news from the department business & finance

These products might interest you

LUMiSizer

LUMiSizer by LUM

The Versatile Particle and Dispersion Analyser: At-Line, in the Process and in the Laboratory

Comprehensive analysis of nano / microparticles & their interactions in dispersions with 1 instrument

nanoparticle analyzers
Automation Friendly Reagent Reservoirs

Automation Friendly Reagent Reservoirs by Integra Biosciences

Automation-friendly reagent reservoirs for efficient laboratories

Maximise efficiency with low dead volume and environmentally friendly design

reagent bottles
Loading...

Most read news

More news from our other portals

Under the magnifying glass: The world of microscopy